Nolato AB : Good timing to go long again
Entry price | Target | Stop-loss | Potential |
---|
SEK 104.9 |
SEK 120 |
SEK 96 |
+14.39% |
---|
The recent downturn has taken Nolato AB (publ) shares close to a medium term support level around 99.9 SEK. The timing for a long trade in the stock appears good.
Summary● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Strengths● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the past four months, analysts' average price target has been revised upwards significantly.
Weaknesses● The company appears highly valued given the size of its balance sheet.
● The company is highly valued given the cash flows generated by its activity.
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