Take a look at Maranello

Tuesday, 07/11/2017 | 13:30 GMT

Disclaimer

130% annually! These are the results of Ferrari #RACE. Let’s try to figure out, is there any prospect for further growth? Even if we ignore technical analysis, which shouts out “Buy! Only Buy!!!”, we can still bear in mind strong bull models, moving average price and other technical indicators. We offer you to pay attention to the economic element of the growth.

1. The quarterly earnings show 15-20% growth comparing to the same reports from the previous year.
2. Earning per share surpasses the expectations by more than 10%.
3. Sales growth: America, over 4%, Asia, 3,5%.
4. New models coming, growth in demand for V12 engines.
5. Net profit expectations of 4 billion USD.

Larson&Holz analysts presume that $125 per #RACE share is a very reachable price in medium-term perspective.

Congratulations on the 70-years anniversary! Forza Ferrari! Forza Italia!

Larson&Holz Review

Disclaimer

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