Capgemini Shares Surge Over 9% in a Week, Targeting €110.60
The digital services group's stock is accelerating this Wednesday at midday, in a Paris market that is clearly on the rise. The CAC 40 is up 3.12% in the session, buoyed by easing on Brent. Capgemini benefits from the trend and records a weekly gain of more than 9%.
The Stock Nears its Technical Resistance at €110.60
At €108.40, the price is now moving in the upper range of the Bollinger Bands, close to the upper limit at €111.37. The stock is testing the resistance identified at €110.60, a threshold that marks the rebound sequence started at the end of April. The stock has moved above its 50-day moving average (€103.52), crossed in recent sessions. The 200-day average remains distant at €122.93, about 13.4% above the current price, indicating that the medium-term trend is still deteriorated. The RSI at 54 remains in a neutral zone, with no signs of exhaustion despite a 9.19% increase over seven days. Over three months, the stock still shows a decline of 8.18%, and the annual performance is at -23.58%.
Alphavalue and UBS Raise Their Targets After Quarterly Release
Two analysis offices have adjusted their assessments this week. Alphavalue raised its price target from €134 to €136 on May 5, maintaining a buy rating. UBS increased its target from €110 to €112 on May 4, with a neutral recommendation. The difference between the two targets reveals a potential upside of 25.5% for Alphavalue compared to 3.3% for UBS relative to today's price. These revisions come after the release of the first quarter revenue, which amounted to €5,943 million, up 11% at constant exchange rates. The growth is supported by demand in artificial intelligence and the integration of acquisitions WNS and Cloud4C. The next key dates for shareholders are the general assembly on May 20, followed by the investor day on May 27. First half 2026 results are expected on July 30.
