BNP Paribas Shares Hit a New Historical High
The BNP Paribas stock shows an increase of 4.30% at midday this Thursday, February 5, 2026, reaching 94.84 euros. The value also hit 95.50 euros this morning, a new historical record after a series of rises.
Upgraded Forecasts from Financial Institutions
Two financial institutions have recently revised their expectations for the French banking group upwards. Oddo BHF raised its target price from 88 to 101 euros on February 2, while maintaining its outperformance recommendation. Grupo Santander adjusted its target from 94 to 101.30 euros on January 26, also with an outperformance advice. These new evaluations give the stock a potential for progression of 7.3% from its current level. Both houses now place their targets beyond the symbolic threshold of 100 euros, a level not crossed for several quarters. This convergence of views illustrates the increased confidence of specialists in the financial trajectory of the French institution in a favorable market context for the European banking sector.
Breaking Through Resistance Levels
The crossing of the established resistance at 92.38 euros confirms the solidity of the ongoing upward movement. The price is now above all its reference moving averages: 88.31 euros for the twenty-day, 81.92 euros for the fifty-day, and 77.46 euros for the two-hundred-day. This configuration indicates a structurally upward trend. The relative strength index stands at 66, signaling positive momentum without excessive overheating. Meanwhile, the bank has announced it will file an appeal before February 9 following the judicial authorization obtained in the Sudanese litigation, initially made public at the beginning of January. This legal procedure remains monitored by investors, although its immediate impact on the valuation remains limited against the technical and fundamental dynamics of the case.
