VERBUND AG shares have recently benefited from a buyers' comeback, which was accompanied by a rise in volumes and volatility. This situation suggests a continuation of the upward dynamic. Investors have an opportunity to buy the stock and target the € 55.1.
The company returns high margins, thereby supporting business profitability.
The group usually releases upbeat results with huge surprise rates.
Stock prices approach a strong long-term resistance in weekly data at EUR 49.64.
The stock is close to a major daily resistance at EUR 52.45, which should be gotten rid of so as to gain new appreciation potential.
With an enterprise value anticipated at 4.97 times the sales for the current fiscal year, the company turns out to be overvalued.
Most analysts recommend that the stock should be sold or reduced.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
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.