(PROX) Proximus - Ratings and Ratios

Proximus NV is a leading provider of digital services and communication solutions, operating in Belgium and internationally through its Domestic and International segments. The company offers a comprehensive range of services, including fixed and mobile telephony, internet, and television, to both residential customers and businesses. Its portfolio also includes ICT services, managed and platform services that integrate networking, cloud, cybersecurity, and artificial intelligence. Proximus serves various markets, including residential, business, and telecom wholesale, and offers specialized services such as international delivery authentication and digital identity to internet brands and cloud-native businesses.

The companys diverse brand portfolio, including Proximus, Scarlet, Mobile Vikings, and others, enables it to cater to different customer segments and expand its presence in various markets. With a history dating back to 1930, Proximus has evolved over the years, having changed its name from Belgacom SA to Proximus PLC in 2015. Headquartered in Brussels, Belgium, the company is well-positioned to capitalize on the growing demand for digital services in the region.

Analyzing the technical data, we observe that Proximus NVs stock price is currently at 7.82 EUR, with a 20-day SMA of 7.57 EUR and a 50-day SMA of 7.00 EUR, indicating a bullish trend. The stock is also above its 200-day SMA of 6.07 EUR, suggesting a strong uptrend. With an ATR of 0.19 EUR, representing a 2.40% volatility, the stock is experiencing moderate price movements.

From a fundamental perspective, Proximus NV has a market capitalization of 2498.80M EUR and a P/E ratio of 5.08, indicating a relatively low valuation compared to its earnings. The forward P/E ratio is 6.06, suggesting a moderate growth expectation. With a RoE of 12.85%, the company demonstrates a strong ability to generate returns on equity. Based on these fundamental and technical indicators, we forecast that Proximus NVs stock price will continue to rise, potentially reaching 8.50 EUR in the short term, driven by its strong brand presence, diversified service offerings, and favorable technical trends.