Whitbread PLC : The tendency continues
Entry price | Target | Stop-loss | Potential |
---|
GBX 5,410 |
GBX 0 |
GBX 5,327 |
-100% |
---|
the positive trend could continue.
The company shows strong fundamentals. Consensus EPS estimates were upwardly revised over the last 12 months. For the fiscal ending in February, operating income is expected to increase about 15%. Moreover, several analysts recently raised their price target.
Technically, the share is above a pivot point that acts as a support. On every scale of time, moving averages are well oriented. In daily data we can see a relevant upward trend line. The security is very likely to come back in contact with.
In this configuration, investors could aim as a first target the GBp 5555 graphic threshold. A stop loss will be set under the GBp 5345 pivot point.
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