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The group specializes in the exploration and production of hydrocarbons. In a deleveraging phase, with a dividend yield of more than 6% and global fundamental data which tends to improve, the stock appears attractive.
KEY GRAPHIC ELEMENTS
In an uptrend, buyers show their presence with bullish candles accompanied by volumes. Any return to the €3.80 zone constitutes a buying opportunity.
FORECAST
In view of the key chart factors we have mentioned, our view is bullish on MAUREL ET PROM stock in the short term.
Active investors will take a buying position on the MAUREL ET PROM share price at €3,910 with a target of €4,500 in sight. They will protect their capital by placing a stop at €3,690.
The News Bulletin 247 board
CHART IN DAILY DATA
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