KEY GRAPHIC ELEMENTS
The company is undervalued with a P/E expected to be below 15 over the next few years. Turnover is expected to grow by 5% per year and net income is expected to increase by 10%. The group is reducing its debt and margins are improving.
Technical Section: The title has been in contact with a resistance for several sessions and buying volumes are increasing, suggesting that the level will be exceeded in the future. In the event of a break of the resistance, operators open the way to 90 euros.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on SODEXO stock in the short term.
Active investors will take a long position on SODEXO shares at €82,900 with a target of €90,000 in sight. They will protect their capital by placing a stop at €77,950.
The News Bulletin 247 council
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.
