Euronext Shares Recover by 2.21% at the Close of January 20
The shares of the pan-European exchange operator Euronext regained 2.21% this Tuesday, closing at 125.10 euros. This increase follows a difficult start to the month, marked by a nearly 4% decline on January 9. Trading volumes remain modest with a 0.28% share of capital. The stock has an annual performance of 17.13% but remains under technical pressure.
Euronext Shares Rebound After a Tough Period
Euronext shares have regained some color after a challenging period. The stock of the main European exchange operator gained 2.21% to 125.10 euros, partially offsetting the decline observed since the beginning of the month. Euronext's cash equity market activity significantly decreased in December, but trading volumes increased over the entire fiscal year 2025, which could partly explain the tensions observed in early January. Technically, the stock is still trading below its 50-day moving average positioned at 126.21 euros, a cautionary signal for investors. The RSI indicator stands at 34, in a neutral zone but close to the oversold threshold set at 30, suggesting that the stock could offer an entry point for medium-term investors. The next resistance threshold to overcome is at 128 euros.
Renewed Support from Financial Analysts
The stock benefits from renewed support from financial analysts. Goldman Sachs recently raised its price target from 126 to 129 euros with a neutral recommendation on January 15, while UBS maintains its buy recommendation and raises its target from 155 to 165 euros. This average price target reflects a significant upside potential compared to the current price of 125.10 euros. Investors are now eagerly awaiting the publication of the annual 2025 results scheduled for February 18. This date will be a key appointment to assess the group's ability to continue its growth momentum, particularly in its activities not related to transaction volumes, which represent an increasing share of revenue.
