Schneider Electric SE : A support level that should be taken advantage of
Entry price | Target | Stop-loss | Potential |
---|
€143 |
€156 |
€136 |
+9.09% |
---|
The medium term support area around 138.42 EUR should allow Schneider Electric SE 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.
● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Strengths● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Sales forecast by analysts have been recently revised upwards.
● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● 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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Surperformance is Buy on SCHNEIDER ELECTRIC SE since 2023-03-01
.