ELIS ● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● 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.
● The tendency within the weekly time frame is positive above the technical support level at 20.07 EUR
Weaknesses
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● Technically, the stock approaches a strong medium-term resistance at EUR 23.62.
● One of the major weak points of the company is its financial situation.
● The company benefits from high valuations in earnings multiples.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
