Sodexo : Close to a key level on the weekly chart
Entry price | Target | Stop-loss | Potential |
---|
€96.88 |
€103 |
€94 |
+6.32% |
---|
Sodexo shares reflect an interesting technical chart pattern from a medium term view In fact, the support at 96.16 EUR represents an important technical support area based on weekly price data that could limit downward movements by the stock.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 96.16 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The stock, which is currently worth 2020 to 0.67 times its sales, is clearly overvalued in comparison with peers.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Weaknesses● The company sustains low margins.
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