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“La Cartera” buys Global Dominion with 130% upside potential

After several weeks without buying or selling any position on The strategic portfolio of elEconomista.esThe early September falls allowed the active management tool to pick up one of the values ​​that had been on the radar for weeks, such as Global Dominion.

The industrial services company fell into the zone of 2.75 euros where it had set its entry price. This is one of the lowest price levels of the entire year after its shares have lost around 20% of their capitalization since the beginning of the year.

It is one of the companies in the entire Spanish market with the greatest upside potential, on the one hand because the average price target set by the consensus of the analysts who follow it is 6.3 euros, a level at a distance of almost 130% of its current price.

“We expect a strong recovery in its results in the second half with the reactivation of several projects after a quarter conditioned by the calendar,” said Renta 4. Likewise, there is unanimity among the seven analysis houses that cover this company. around a purchase recommendation.

Beyond this, this week the decline suffered by Repsol, of just over 5%, was also highlighted. It should be remembered that last week a second entry price was set to average the position already opened in the oil company.

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Katy Sprout
Katy Sprout
I am a professional writer specializing in creating compelling and informative blog content.
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