Imerys stock climbs and targets key resistance at €25.02
The industrial minerals specialist is making significant progress on Monday, in an SBF 120 that is trading nearly flat. The increase brings the stock to its resistance level at €25.02, in a cautious market context marked by geopolitical and monetary uncertainties.
A rally that brings the stock back to its resistance threshold at €25.02
During the session, Imerys gains 2.14% to €24.84, ranking among the strongest gainers in the SBF 120, while the index advances by only 0.08%. The stock is thus approaching its resistance at €25.02, a level less than 0.7% away from the current price. This movement is part of a positive momentum that began several weeks ago: at the end of August, the stock had already broken through a technical level at €24.54, paving the way for the current zone.
Over three months, the gain reaches 12.4%, well above the nearly stable weekly performance (+0.65%). All three reference moving averages have been exceeded: the price is 3.16% above the 20-day MA (€24.08), 8.85% above the 50-day MA (€22.82) and 7.30% above the 200-day MA (€23.15), reflecting a consistent uptrend across all timeframes. The RSI at 66 is approaching the overbought zone without entering it yet, confirming that the trend remains bullish but is beginning to integrate some buying pressure.
A difficult sector backdrop in a market attentive to the Fed and geopolitics
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The stock's movement occurs in a market environment marked by two underlying factors. On one hand, the construction outlook remains deteriorated in France: the construction climate stands at -18.2 according to Eurostat-ECFIN data for August 2026, against -6.7 for the European average, and housing permits have declined 8% year-over-year. This backdrop structurally weighs on demand for industrial minerals, of which Imerys is one of the suppliers exposed to the construction cycle. On the other hand, European markets are evolving in a context of monetary caution: following a solid U.S. employment report of 162,000 job creations in August, the probability of a Fed rate hike at the September 15-16 FOMC is now priced in at approximately 57% by futures contracts.
« Imerys revoit à la hausse ses prévisions pour l'exercice 2026, après trois trimestres consécutifs de croissance » ; « Ces performances confortent notre décision de relever notre prévision d'EBITDA ajusté pour l'exercice 2026 »
Risks mentioned
Pressions inflationnistes et conditions de marché difficiles persistantes notamment en Europe
Faiblesse de la demande dans le secteur de la construction et exposition au secteur de la céramique
Impact des variations des taux de change et des quotas de l'UE sur l'importation d'aciers chinois
Opportunities identified
Montée en cadence de l'intégration de Great Lakes Minerals et S&B Mineração contribuant déjà aux résultats
Excellente performance de l'activité Graphite et Carbone avec croissance de 16% portée par les véhicules électriques et stockage d'énergie
Amélioration continue des marges grâce au projet Horizon d'amélioration des coûts en avance sur le calendrier
Outlook / guidance
Expected EBITDA: 580 millions d'euros
Management commentary: « Imerys revoit donc à la hausse sa prévision d'EBITDA ajusté pour l'exercice 2026 : elle devrait désormais être comprise entre 570 et 590 millions d'euros, sous réserve de l'absence de dégradation significative de l'environnement opérationnel actuel. »
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.