Milan: LU-VE Group slips
(Teleborsa) - The Manufacturer of refrigeration and air conditioning products is in the red with a -2.56% loss.
A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of LU-VE Group, confirming a better performance for the security in comparison to the related index.
At present, the short-term scenario for LU-VE Group anticipates a sharp rise towards a target price of 26.97 Euros. In the case of a healthy temporary correction the most immediate target would be the 26.47 level. However, we expect prices to climb to the 27.47 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) 11-26-2024 12:30 PM
A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of LU-VE Group, confirming a better performance for the security in comparison to the related index.
At present, the short-term scenario for LU-VE Group anticipates a sharp rise towards a target price of 26.97 Euros. In the case of a healthy temporary correction the most immediate target would be the 26.47 level. However, we expect prices to climb to the 27.47 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) 11-26-2024 12:30 PM