Pursuant to the correction that has taken place in recent weeks with respect to the shares in Prosiebensat 1 Media SE, further downside risk now appears limited by close and important technical support levels at 24.96 EUR. Investors have an opportunity to buy the stock and target the € 27.72.
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 24.96 EUR in weekly data.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
The group's activity appears highly profitable thanks to its outperforming net margins.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
This company will be of major interest to investors in search of a high dividend stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the past seven days, analysts have been lowering their EPS expectations for the company.
For the last few months, analysts have been revising downwards their earnings forecast.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 32.42 EUR
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