French stock alert

FRA

CLOSING UPDATE: CNP Assurances accelerates rise, now up 3.7% in 2 days 21 September 2018 18:11 CEST

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's French market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

CNP Assurances, France's largest life insurance company by market capitalisation, is up 73.0c (or 3.7%) over the past two trading days. After rising 1.7% on Thursday, the stock rose 2% on Friday to trade at EUR20.34 vs. the CAC 40 Index that is up 1.9% in the same period.

Technical indicators complementing today's significant uptrend:

+ The 3.9% discount to 12-month high of EUR21.16 against the 15.5% premium to 12-month low of EUR17.61 suggests the stock continues to push for new highs.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Return on Assets 0.4% [0.3%]

Other Bullish Signals include:

+ The Brand Value represents an impressive 11.0% of the estimated Enterprise Value of EUR31.8 billion (US$37.5 billion).

Note

The stock has outperformed 65% of the French market over the past 6 months.

Bearish Signals:

The negative 0.04 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

Net profit margin has averaged 4.8% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

As per the Du Pont analysis, Return on Equity is less than stellar at 4.2%. Also, this has deteriorated from 6.8% last year.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings of 20.3 [10.9]

Return on Equity 4.2% [7.0%]

TODAY'S ALERT

Afternoon Alert: CNP Assurances accelerates rise, now up 3.7% in 2 days

21 September 2018 14:06 CEST

CNP Assurances (FR:CNP) is up 73.0c (or 3.7%) over the past two trading days. After rising 1.7% on Thursday, the stock rose 2% on Friday to trade at EUR20.34 vs. the CAC 40 Index that is up 1.7% in the same period.

RECENT ALERTS

Afternoon Alert: CNP Assurances inches higher, resistance at 12-day EMA

19 September 2018 14:05 CEST

CNP Assurances (FR:CNP) has increased 1.2% but fell short of the 12-day Exponential Moving Average [EMA] of EUR19.52.

Afternoon Alert: CNP Assurances inches higher, resistance at 12-day EMA

19 September 2018 12:07 CEST

CNP Assurances (FR:CNP) has increased 1.2% but fell short of the 12-day Exponential Moving Average [EMA] of EUR19.52.

CNP Assurances (FR:CNP; EPA:CNP; PA:CNP; FP:CNP)

ISIN: FR0000120222

PermID: 4295868056

Source: www.BuySellSignals.com