Klépierre Shares Hit an 8-Year High, Bucking the CAC 40 Trend
Klépierre enjoys a benchmark session in Paris. The commercial real estate stock reaches a peak not seen since 2018, moving against the grain of a declining CAC 40. Berenberg has just raised its target, fueling the momentum.
A Peak at €36.42, the Highest Since 2018 in a Declining Paris Market
Klépierre stock gains 2.81% to €36.60, after hitting €36.42 during the session. The stock thus surpasses its previous record of €36.28 reached in 2018, marking an eight-year high.
The performance contrasts with the CAC 40, which fell by 0.18% at close, placing the real estate company among the top gainers in the SBF 120. Over the week, the stock has advanced by 5.4%, and nearly 14% over three months.
The rebound occurs as the VIX surged by nearly 15% during the session, indicating a resurgence of nervousness in European indices. The rotation towards real estate benefits Klépierre, following the trend of other sector stocks like Mercialys and Carmila, which are also performing well.
Berenberg Raises Its Target to €40 and Reaffirms Buy Rating on the Real Estate Stock
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Berenberg has raised its price target on Klépierre this Wednesday, from €37.50 to €40, while reiterating its buy recommendation. At the current price of €36.60, the new target represents a potential upside of about 9.3%.
The stock is now trading above its three moving averages, with a 5.6% gap from the MM20 (€34.65) and 9.3% from the MM200 (€33.49). The RSI at 66 indicates a strong buying momentum, without tipping into a marked overbought zone.
The stock has breached its technical resistance at €35.62, which now opens up space above the previous 2018 record. The short-term trajectory will depend on the stock's ability to maintain above this now former threshold.
Klépierre remains highly confident in its ability to deliver a solid operating and financial performance
Risks mentioned
Geopolitical and macroeconomic volatility
Retail market competition and changing consumer preferences
Real estate market dynamics and occupancy pressures
Opportunities identified
Acquisition of remaining 50% stake in portfolio including Il Leone mall in Lombardy, Italy
Extension projects of Le Gru (Turin) and Romagna (Rimini) driving value creation
Expansion of Mall Income and Retail Media with hybrid profit-sharing arrangements
Outlook / guidance
Expected EBITDA: 1 165 millions d'euros
Management commentary: le Groupe relève ses objectifs pour l'ensemble de l'année 2026 et anticipe désormais d'atteindre un minimum de 1 165 millions d'euros d'EBE et un cash-flow net courant par action de 2,83 euros
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.
