Euronext N.V. : Towards the breakout of a major resistance level
| Entry price | Target | Stop-loss | Potential |
|---|
|
€108.5 |
€115 |
€103 |
+5.99% |
|---|
Euronext N.V. shares are trading close to a resistance zone which currently limits any upside potential. We expect that this level will be broken due to the stock's technical chart pattern.
Summary● The company has a good ESG score relative to its sector, according to MSCI.
● Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Over the past four months, analysts' average price target has been revised upwards significantly.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Based on current prices, the company has particularly high valuation levels.
● The overall consensus opinion of analysts has deteriorated sharply over the past four months.
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Surperformance is Buy on EURONEXT N.V. since 2023-10-11
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EURONEXT N.V. 
