The strategy opened at Cellnex more than two years ago is perhaps the great debt of this tool since its creation. However, the tower has always perfectly matched the philosophy of this portfolio due to its good growth prospects and its purchase recommendation shared by most analysis houses.
However, the rising interest rate situation has caused investors to flee this stock due to its high leverage (even though most of its debt is financed at a fixed rate). After the strong declines suffered and the conviction that the losses could not be erased in the short term, it was decided to open a second position at a much lower price and, in this way, weight the purchase price at a much more achievable level, which are 37.27 euros.
Today, after a recovery in value in recent months, Catalan securities have a chance to recover this price and erase the losses. SO, The strategic portfolio You will be able to close the strategy without red numbers and attempt a new entry without the burden of the past. In addition, you would have liquidity to seek a new position in another security.
Analysts also agree that there is great potential to achieve this since they estimate an average price target of 45 euros, which implies a potential of 27%. “We think the market is underestimating its future growth and dividends,” says JP Morgan.
