Eurazeo Shares Bounce Nearly 2% but Remain Below Moving Averages
The Paris-based asset manager participates in the general market rebound this early afternoon, following a soaring CAC 40. However, today's rise is modest compared to the decline accumulated over the past month, and the stock remains distant from its medium-term technical benchmarks.
A Technical Rebound That Does Not Lift the Stock Above Its Moving Averages
Eurazeo shares gain 1.81% to €42.68, while the SBF 120 progresses by 1.82% and the CAC 40 by 1.86%. The stock thus follows the overall market movement without distinguishing itself, after a marked bearish sequence: -4.22% over the week and -11.45% over a month. The price remains 5.49% below its MM20 (€45.16) and 6.30% below its MM50 (€45.55), while the gap to the MM200 reaches 15.80%. The RSI at 31 indicates recent seller exhaustion and partly explains today's rebound, without signaling a trend reversal. The support at €41.92, which corresponds to the previous day's closing price, has played its cushioning role. The stock had already attempted a 3% rebound on June 2 after closing the EPD VII private debt fund at €3.9 billion, before losing ground again and breaking a technical threshold on June 4. Today's movement is part of this series of stabilization attempts.
A Heavy European Macro Context with Rising Interest Rates and a Busy Corporate Agenda
The European Central Bank has today raised its three key interest rates by 25 basis points, bringing the deposit facility to 2.25% and the refinancing rate to 2.40%, in a context of inflation back above the target. This monetary tightening mechanically weighs on the valuations of investment companies, whose non-listed portfolios are sensitive to discount rates. The private equity sector also remains exposed to growth risks, with the ECB having lowered its projection to 0.8% for 2026. Operationally, Eurazeo continues its deployment with several operations announced in recent weeks: acquisition of control of T1A in the circular economy, majority entry into Babylon, and agreement to acquire Nextron Systems. At the publication of the first quarter of 2026 (May 13, 2026), the group had confirmed the ramp-up of its model, driven by sustained fundraising and the obtaining of an Investment Grade rating by S&P and Fitch. Crossing the MM20 at €45.16 remains the technical step to observe to confirm a recovery beyond today's rebound.
