Even if the long-term trend is still negative, the prices are at an oversold level and with increasing volumes there is a possibility of a rebound.
1st Target 24% Fibonacci retracement--> area 24€
Excellent Fundamentals
• Solid growth: Revenues +6.6% YoY, with forecast of further growth of 6.3% in 2025
• Good profitability: ROE of 12.9%, above the sector average
• High valuation: P/E of 26.0x reflects growth expectations
• Significant potential: Average analyst target at €26.68 (+64.2% upside)
1st Target 24% Fibonacci retracement--> area 24€
Excellent Fundamentals
• Solid growth: Revenues +6.6% YoY, with forecast of further growth of 6.3% in 2025
• Good profitability: ROE of 12.9%, above the sector average
• High valuation: P/E of 26.0x reflects growth expectations
• Significant potential: Average analyst target at €26.68 (+64.2% upside)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.