The underlying tendency is to the upside for shares in Eurofins Scientific SE 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 € 728.2.
Historically, the company has been releasing figures that are above expectations.
The stock is in a well-established, long-term rising trend above the technical support level at 536 EUR
Stock prices approach a strong long-term resistance in weekly data at EUR 699.4.
The company is in debt and has limited leeway for investment
The firm trades with high earnings multiples: 40.51 times its 2020 earnings per share.
The company is not the most generous with respect to shareholders' compensation.
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.
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