Scor SE : Back towards the lower end of the range
Entry price | Target | Stop-loss | Potential |
---|
€34.05 |
€36.05 |
€33.1 |
+5.87% |
---|
Shares in Scor SE currently show the technical configuration of a trading range. The recently observed decline yields a good timing for new long positions close to the support level.
Summary● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
● The company has poor fundamentals for a short-term investment strategy.
Strengths● The share is getting closer to its long-term support in weekly data, at EUR 33.15, which offers good timing for buyers.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 33.32 support.
● Historically, the company has been releasing figures that are above expectations.
● Its low valuation, with P/E ratio at 10.82 and 9.75 for the ongoing fiscal year and 2019 respectively, makes the stock pretty attractive with regard to earnings multiples.
● This company will be of major interest to investors in search of a high dividend stock.
Weaknesses● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
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