Based on the conducted financial activity analysis, it can be predicted that the stock price of IGN1L will increase on average from 10% to 20% annually in the future. In other words, the stock price may reach the limit of 44 EUR within 5 years.
Hi, “Ignitis Group” is an international energy company making the world energy smart. It’s one of the largest energy groups in the Baltic region. The group’s core activities include power and heat production and supply, power and natural gas trading and distribution, and power system maintenance and development. The development of green energy is a priority for...
Look for a break above the resistance level. With strong upward momentum and conformation from MACD and 20 week SMA short term targets could be upto 23.90. The long position is also supported by the strong fundamentals and growth of the company.
IGN poised to breakout after forming a nice symmetric triangle pattern. Combined with the strong fundamentals it is poised for a breakout on the bullish side. Long term targets up to 25 euro.