This is Target PPRO Share Price

By : Wiyanto Dan Aldo Bella Putra | Wednesday, October 25 2017 - 19:00 IWST

PPRO Kembangkan Student Premium Apartment di Kota Malang (Neraca)
PPRO Kembangkan Student Premium Apartment di Kota Malang (Neraca)

INDUSTRY.co.id - Jakarta - PT Pembangunan Perumahan Properti (PPRO) the performance of its stock price is expected to strengthen. PPRO shares will be tested at level 234.

"The performance of PPRO shares tends to strengthen to test the first target at 234 price ranges, with the highest target at 325 price ranges. The potential is accompanied by the performance of PPRO stocks that are on the reversal trend or strong rebound and support territory," said Lucky Bayu Purnomo in Jakarta , Wednesday (25/10/2017).

He mentioned the performance of PPRO shares, recommended stock shoot PPRO shares, the period September 4, 2017 - October 24, 2017 with resistance 3 in

217 and support 1 in 201, while resistance 2 at 211. The support 2 in 199,

resistance 1 in 207, support 3 at 193 and pivot point.

"For 52 weeks the price of PPRO shares is at the level of 191-372 and the last price is 220," he said.

Known, this year, PPRO also raised its marketing sales target from Rp2.9 trillion to Rp3.1 trillion. Throughout the first half of 2017, PPRO recorded Rp1.5 trillion of sales marketing which was dominantly supported by sales of apartment products.

Net profit target until the end of the year reached Rp438 billion. He is optimistic that the planned profit target will be achieved considering the number of projects that will be ground breaking in August 2017.

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