(News Bulletin 247) – The company is in technical and fundamental growth. With a dividend yield of more than 2%, net cash, margins of more than 20%, it appears to be a good investment case.

KEY GRAPHIC ELEMENTS

Bullish in the medium and long term, the title has returned to a support and a symbolic price level, that of €50. We can position ourselves on the title to take advantage of the trend and aim for a return to the highest.

FORECAST

Considering the key chart factors we have mentioned, our view is bullish on EDENRED stock in the short term.

Active investors will take a buying position on the EDENRED share price at €51,380 with a target of €55,000 in sight. They will protect their capital by placing a stop at €48,440.

The News Bulletin 247 board

EDENRED
Positive €51,380
Objective :
€55,000
Potential :
+7.05%
Stop:
48.440 €
Resistance(s):
53,400 / 55,000
Medium(s):
50,000 / 49,050 / 46,600

CHART IN DAILY DATA



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