Eiffage Stock Hits a New Historic High, Boosted by Target Upgrades
On Tuesday, Eiffage's stock reached a new historic high of 143.90 euros, surpassing the previous record of 143.80 euros set the day before. The stock is up 0.77% in a context of dual target price upgrades by Morgan Stanley and Kepler Cheuvreux, on the eve of the announcement of the 2025 annual results.
Strong Analyst Support Boosts Eiffage
This Tuesday, Eiffage's upward momentum received strong support from analysts. Morgan Stanley raised its target from 172 to 178 euros while recommending an overweight position on the stock. Meanwhile, Kepler Cheuvreux significantly increased its target from 145 to 170 euros, accompanied by a buy recommendation. Relative to the current price of 143.90 euros, Morgan Stanley's target implies a potential revaluation of about 23.7%, while Kepler Cheuvreux's target suggests a possible increase of around 18.1%. These adjustments come at a crucial time in the financial calendar: the construction and concessions group will publish its 2025 annual results tomorrow, Wednesday, February 25, in a meeting dedicated to financial analysts. The stock has now accumulated a performance of nearly 59.6% over the past year, with a nearly 28% increase over the last three months.
Technical Breakthrough as Eiffage Hits New High
By reaching a new peak at 143.90 euros, Eiffage's stock price has surpassed the old resistance level at 142.80 euros, which was the previous record. This breakthrough is a significant technical signal, with the stock now well above its 50-day moving average, established at 126.15 euros, representing a gap of more than 14%. This significant distance from the 50-day moving average illustrates the magnitude of the directional movement initiated in recent weeks. However, the Relative Strength Index (RSI), which measures the speed and intensity of price changes, stands at 92, a level usually associated with an overbought condition. Beyond the conventional threshold of 70, this reading indicates that the recent progress has been particularly rapid and that the stock might be in a phase of technical tension. The general meeting is scheduled for April 22, followed by the publication of the first quarter 2026 revenue on May 12.