The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at GBp 1100 GBp in weekly data.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the past seven days, analysts have been lowering their EPS expectations for the company.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
Below the resistance at 1493.5 GBp, the stock shows a negative configuration when looking looking at the weekly chart.