Orange : Is the distribution phase coming to an end ?
Entry price | Target | Stop-loss | Potential |
---|
€10.94 |
€11.65 |
€10.6 |
+6.54% |
---|
There has been very little movement in Orange's share price. This situation is bound to change. An exit on the upside out of the current trading range should go with a comeback in volatility. Therefore, the timing for new long positions seems good.
Summary● The company has solid fundamentals for a short-term investment strategy.
Strengths● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● The company is one of the best yield companies with high dividend expectations.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The company is in debt and has limited leeway for investment
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 12.09 EUR
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