Ya le están dando a Cresy un nuevo Price Target de U$S 28,41, un eventual 59 % de recorrido alcista.
It Seems Cresud S.A.C.I.F. y A. (ADR) Will Go Up. Just Reaches 52-Week High
The stock of Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) hit a new 52-week high and
has $28.41 target or 59.00% above today’s $17.87 share price. The 9 months bullish chart indicates low risk for the $939.27M company. The 1-year high was reported on Aug, 30 by Barchart.com. If the $28.41 price target is reached, the company will be worth $554.17M more. The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 32,798 shares traded hands. Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) has risen 82.30% since January 26, 2016 and is uptrending. It has outperformed by 67.77% the S&P500.
Analysts await Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) to report earnings on September, 5.
http://presstelegraph.com/2016/08/30/it ... week-high/