(News Bulletin 247) – The group is weakly correlated to the prevailing volatility on the markets. Fundamentals improve with deleveraging. The dividend yield starts to become attractive at over 2%.
KEY GRAPHIC ELEMENTS
Technically the stock is back at an important support level. The stock is in a range so we can exploit returns towards the lower limit to benefit from rebounds.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on CAPGEMINI stock in the short term.
Active investors will take a purchase position on the CAPGEMINI share at a price of €164,000 with a target of €175,000 in their sights. They will protect their capital by placing a stop at €149,000.
News Bulletin 247 advice
DAILY DATA CHART
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
