The pullback that could be observed for stocks in Bureau Veritas for several weeks should continue over the coming trading sessions. Investors should open a short trade and target the € 16.
The share is getting closer to its long-term support in weekly data, at EUR 17.04, which offers good timing for buyers.
The group's high margin levels account for strong profits.
This company will be of major interest to investors in search of a high dividend stock.
Analysts covering the stock have recently lowered their earnings forecast.
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