$JSEFBR - Famous Brands: Is It Time To Feast On Valuations?
This is primarily for the long-term investor and I highly recommend getting the corporate commissioned research done by Standard Bank Securities, published 06.03.2023 on their LinkedIn page.
SBG Securities have a Future Value Valuation Range between R76-89.
Investing.com Pro is not too far off with a fair value of R94,62.
Technically, the share looks to have a long-term low in at 1950 after a very large bear.
I must say that the advance from 1950 to 8374 is not the most convincing though it could be a leading diagonal.
Aggressive traders can use a stop-loss below 5058.
SBG Securities have a Future Value Valuation Range between R76-89.
Investing.com Pro is not too far off with a fair value of R94,62.
Technically, the share looks to have a long-term low in at 1950 after a very large bear.
I must say that the advance from 1950 to 8374 is not the most convincing though it could be a leading diagonal.
Aggressive traders can use a stop-loss below 5058.