Naturgy (Natural Gas) has experienced a cycle change in the premium force indicators of investment strategies by «strong» a «Very strong» Thanks to the behavior he has shown in recent months.
During these eight months, energy has a 13.76% revaluationadvancing from 23.98 euros per share until reaching Current 27.28 euros. Taking into account the last 12 monthsthe climb arrives up to 18.60%from the 23 euros per action to current levels. The minimum of the year was recorded on November 14 with 21.64 euros per share, while the maximum reached up to 27.90 euros on August 4.
According to Álvaro Nietotechnical analyst for investment strategies, «Naturgy has a 0.44% rise And, for the moment, we can continue working based on a objective around 28.53 euros per sharesince the price has exceeded 27.17 euros per share during the last sessions. «» This area is also acting as a support zone in recent days, «he says.
In addition, Nieto details that «it is very important that the price Do not finish nursely session below 27.17 euros per share. If so, a drilling of that level could lead to new attacks to the approximately 26.80 euros per share in the next sessions.
On the fundamental level, according to the consensus collected by Reuters, the recommendation is of «keep» In portfolio with an objective price of 26.68 euros per share, which represents a negative potential of 2.27% compared to the current price.
During the first half of the year, Naturgy raised his Net profit 10% being at 1,147 million euros and the Ebitda ascended to the 2,848 million euros. For its part, the net debt stood below 13.7 billion euros, with a net debt ratio/Ebitda less than 2.6x.