Séché Environnement Shares Jump 3.77% Despite Oddo's Lowered Target
Séché Environnement's stock significantly advanced this Tuesday midday, driven by the publication of its annual 2025 results and a new recommendation from Oddo BHF. The share price stands at 68.90 euros, up 3.77% from the previous day's close. This rebound occurs in a context of a generalized recovery of European markets, with the CAC 40 gaining 2.16% during the session.
Oddo BHF Lowers Price Target but Maintains 'Outperform' Rating
In a note released this Tuesday, Oddo BHF lowered its price target on Séché Environnement from 100 to 90 euros, while reiterating its 'outperform' recommendation. This adjustment follows the publication, the day before, of the annual 2025 accounts of the waste management specialist. Despite this downward revision, the target set by the research firm implies a revaluation potential of about 30% compared to the current price of 68.90 euros. The maintenance of a positive opinion by the financial intermediary seems to have contributed to fueling today's upward movement in the stock. The publication of the annual results is a major catalyst for the session, with the 2025 fiscal year accounts having been revealed on March 9, just before the resumption of trading. The general meeting of shareholders is scheduled for April 24, 2026.
Stock Approaches 50-Day Moving Average, Indicates Potential Strengthening
With a price at 68.90 euros, the stock is now approaching its 50-day moving average, located at 69.45 euros. Crossing this technical threshold would constitute a strengthening signal for chartist participants. The RSI, which reaches 70, indicates buying pressure in an overbought zone, generally associated with a sustained bullish movement but likely to pause in the short term. On a broader horizon, however, the trajectory of the stock remains under pressure. The annual performance is still negative, at -10.05%, and the price is significantly below the 200-day moving average (81.32 euros), reflecting a still fragile underlying trend. The major resistance threshold is at 80.80 euros, while the identified support is at 57 euros. It is worth noting that the very low beta of the stock (0.24) signals limited sensitivity to variations in major indices, which may interest profiles seeking less correlation with the market.
