The upward trend could come to support Boskalis Westminster in the coming sessions after the recent unjustified correction.

According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation. In addition, analysts have recently revised upward their earnings estimates and now expect a profit of 2.87 EUR per share for the current year.

The stock is in bullish trend in the medium and long term. In weekly data, moving averages are well-oriented. In the present configuration, we can expect a recovery on prices thanks to speculation on the coming earnings release in March.

The decline observed in the short term offers an interesting entry point for a mid-term investment. Investors will take advantage of the current area to buy Boskalis. The objectives will be set at EUR 36.5 and by extension EUR 38.4. The stop loss will be triggered below the EUR 34.2 support.