The underlying tendency is to the upside for shares in Assicurazioni Generali S.p.A. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. Investors have an opportunity to buy the stock and target the € 19.6.
In a short-term perspective, the company has interesting fundamentals.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.43 for the 2021 fiscal year.
Its low valuation, with P/E ratio at 10.21 and 9.68 for the ongoing fiscal year and 2022 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.
The stock is in a well-established, long-term rising trend above the technical support level at 14.09 EUR
Technically, the stock approaches a strong medium-term resistance at EUR 17.17.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.