ENXTPA:NEXElectrical
Does Nexans Still Offer Value After Strong Multi Year Share Price Gains?
If you are wondering whether Nexans at €124.40 is still a smart buy after its strong run, or if most of the upside is already priced in, this piece will walk you through the key valuation angles to help you decide.
The stock has dipped 1.0% over the last week, but that comes after a solid 4.0% gain over the past month, a 19.3% rise year to date and a 22.8% jump over the last year, building on a 55.7% 3-year and 129.8% 5-year performance.
Those moves have been underpinned by Nexans’ strategic...