TAKKT AG : The comeback of an upward trend?
| Entry price | Target | Stop-loss | Potential |
|---|
|
€19.66 |
€20.95 |
€18.76 |
+6.56% |
|---|
The technical chart pattern of TAKKT AG shares shows signs of a medium term reversal, which speaks in favor of opening new long positions.
Strengths● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Historically, the company has been releasing figures that are above expectations.
● The company is one of the best yield companies with high dividend expectations.
● Stock prices approach a strong long-term resistance in weekly data at EUR 19.96.
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● For the last few months, analysts have been revising downwards their earnings forecast.
● For the past year, analysts have significantly revised downwards their profit estimates.
● Below the resistance at 19.96 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
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TAKKT AG 
