Neste Oyj : A good level to buy
Entry price | Target | Stop-loss | Potential |
---|
€42.94 |
€47 |
€40 |
+9.46% |
---|
The medium term support area around 42.16 EUR should allow Neste Oyj shares to re-establish an upward trend in the short term.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Strengths● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● In relation to the value of its tangible assets, the company's valuation appears relatively high.
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