● The company has solid fundamentals for a short-term investment strategy.
Strengths
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 172.35 EUR
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at EUR 206.31.
● The stock is close to a major daily resistance at EUR 197.5, which should be gotten rid of so as to gain new appreciation potential.
● The company's earnings releases usually do not meet expectations.
● For the past seven days, analysts have been lowering their EPS expectations for the company.
● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.