Sodexo : Close to new upside potential
Entry price | Target | Stop-loss | Potential |
---|
€104.25 |
€112.5 |
€99 |
+7.91% |
---|
Shares in Sodexo are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
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● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Sales forecast by analysts have been recently revised upwards.
● The stock is in a well-established, long-term rising trend above the technical support level at 94.42 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 104.55.
● Technically, the stock approaches a strong medium-term resistance at EUR 104.55.
● The company benefits from high valuations in earnings multiples.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
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