Milan: Ferretti in the red
(Teleborsa) - The Manufacturer of luxury yachts is subdued as it drops -2.54%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Ferretti, confirming a better performance for the security in comparison to the related index.
At present, the short-term scenario for Ferretti anticipates a sharp rise towards a target price of 2.977 Euros. In the case of a healthy temporary correction the most immediate target would be the 2.807 level. However, we expect prices to climb to the 3.147 high.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 11-11-2024 12:30 PM