FDJ United Shares Hold Steady at Midday Despite Two Analyst Downgrades in 48 Hours

A Busy Week for FDJ United

It has been a hectic week for FDJ United. On Wednesday, April 22, 2026, the general assembly was held on the same day that Oddo BHF lowered its price target from €28 to €27, while maintaining a neutral rating. The following day, Thursday, April 23, Deutsche Bank significantly reduced its target from €30.50 to €27.50, while downgrading its recommendation from 'buy' to 'hold'. At current prices, these targets still suggest a potential revaluation of between 10% and 12%. These adjustments followed the announcement on Wednesday of a quarterly revenue decline of 3%, amounting to €895 million. The decrease is mainly due to an increase in taxation on gaming and betting, estimated at €24 million, even though the gross gaming revenue (GGR) still grew by 1% year-on-year, reaching €2.175 billion. The upcoming dividend detachment on April 28, followed by its payment on April 30, is the next important date for the shareholders.

Technical Perspective on Stock Performance

From a technical standpoint, the price of €24.52 is at the lower end of the Bollinger Bands, only 16% above the lower boundary set at €24.07, indicating a potential oversold zone. The RSI, at 41, confirms this selling pressure, though it has not yet reached the critical threshold of 30. The stock is also trading below its 50-day and 200-day moving averages, positioned at €25.15 and €25.80 respectively, signaling weakness in the medium term. The nearest support is at €24.31, close to current levels. Over the week, the stock has fallen by 6.95% in a deteriorating market environment. The CAC 40 is down 1.11% during today's session, while the SBF 120 has fallen by 1.07%. Among leisure sector stocks, Trigano is down 1.41% in today's session, while Bains Mer Monaco remains stable. Over the year, FDJ United has seen a decline of nearly 21%, reflecting the regulatory and fiscal uncertainties weighing on the European gaming operator.