The company has solid fundamentals for a short-term investment strategy.
Strengths
The group's high margin levels account for strong profits.
The company is in a robust financial situation considering its net cash and margin position.
Historically, the company has been releasing figures that are above expectations.
This company will be of major interest to investors in search of a high dividend stock.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
The tendency within the weekly time frame is positive above the technical support level at 22.65 EUR
Weaknesses
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
The stock is close to a major daily resistance at EUR 30.84, which should be gotten rid of so as to gain new appreciation potential.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company benefits from high valuations in earnings multiples.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.