Capgemini stock rebounds over 4% following sale announcement
Capgemini stands out as the best performer of the CAC 40 during Monday, September 14th mid-session trading, in a declining Paris market. The rebound comes after a difficult September for the stock, which had broken through its support level at €101.70 during the September 9th session.
A 4.28% surge that propels the stock toward its 20-day moving average, with the CAC 40 declining
Capgemini gains 4.28% during the session to €107.30, while the CAC 40 falls 0.83% and the SBF 120 declines 0.81%. The stock thus erases a large portion of the losses sustained since the beginning of the month, which had brought it close to threatening its support level at €101.70 during the September 9th session. Over one month, the gain remains modest at +1.23%, but today's rebound stands in sharp contrast to the recent bearish momentum.
The price now stands at the level of the 20-day moving average at €107.03, with a gap of only +0.25%. This moving average, which had acted as resistance in previous sessions, is now being tested. The stock, however, remains below its 200-day moving average at €110.78, a gap of 3.14% that indicates the long-term recovery is not yet established.
The next resistance level stands at €111.40, a level that approximately coincides with the 200-day moving average. The RSI at 45 remains in neutral territory, far from extremes, which signals neither overbought nor oversold conditions.
CIC Market Solutions maintains buy rating with €170 target price and 58% upside potential
CIC Market Solutions confirmed on Monday, September 14th its buy rating on Capgemini, maintaining a price target of €170. At the current price of €107.30, this represents an upside potential of nearly 58%. This positioning comes in a context of marked rebound, following several sessions of selling pressure on the stock.
On the fundamental side, upon publication of first-half 2026 results on July 30th, the group had raised its annual growth target at constant exchange rates to approximately +8.5% to +9.0%, a sign of management confidence despite a complex economic environment. Furthermore, the sale of Capgemini Government Solutions to ITC Federal, announced on September 12th, is part of the group's strategic refocusing initiated in early 2026. According to the consensus of tracked analysts, the stock trades at approximately 8.5 times expected earnings for the current fiscal year. The €111.40 resistance level constitutes the next technical threshold to break to confirm the continuation of the upward movement.
