After having been stuck in a trading range, shares in MGI Coutier are returning to the lower bound of the range phase. This appears to be a good opportunity for opening new positions. Investors have an opportunity to buy the stock and target the € 36.6.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
MGI Coutier accounts for 3.96 % of our European Portfolio. A trade is currently open since 03/14/2016 with a purchase price of € 17.50. Discover the other 19 stocks of the European portfolio managed by the 4-traders portfolio management team.
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 EUR 30.91 EUR in weekly data.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
The company returns high margins, thereby supporting business profitability.
Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
As regards fundamentals, the enterprise value to sales ratio is at 0.8 for the current period. Therefore, the company is undervalued.
Its low valuation, with P/E ratio at 9.36 and 8.91 for the ongoing fiscal year and 2018 respectively, makes the stock pretty attractive with regard to earnings multiples.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
Analysts covering the stock have recently lowered their earnings forecast.
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