Shares in Talanx AG currently show the technical configuration of a trading range. The recently observed decline yields a good timing for new long positions close to the support level. Investors have an opportunity to buy the stock and target the € 37.
In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
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 34.6 EUR in weekly data.
The close medium term support offers good timing for purchasing the stock.
Historically, the company has been releasing figures that are above expectations.
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.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
The tendency within the weekly time frame is positive above the technical support level at 34.6 EUR
According to forecast, a sluggish sales growth is expected for the next fiscal years.
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