Electricité de France shares are trading close to a major resistance on the weekly chart around 13.55 EUR. A short term correction would be a logical consequence. Investors should open a short trade and target the € 11.75.
In a short-term perspective, the company has interesting fundamentals.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Stock prices approach a strong long-term resistance in weekly data at EUR 13.55.
Technically, the stock approaches a strong medium-term resistance at EUR 13.51.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The company does not generate enough profits, which is an alarming weak point.
The company is in debt and has limited leeway for investment
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
For the past year, analysts have significantly revised downwards their profit estimates.
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