Rémy Cointreau's Stock Soars Nearly 11% Driven by Its RC Forward Plan
The cognac group's stock marks one of the strongest gains on the Paris stock exchange at midday on the day of its 2025-26 financial results publication. The market is particularly focused on the ambitious transformation plan, despite a decline in profitability and a significantly reduced dividend. Oddo BHF supports the movement by substantially raising its target.
A Spectacular Rebound Propels the Stock Among the Top of the SBF 120
Rémy Cointreau's stock climbs 10.88% to €41.58 during the session, among the strongest gains in the SBF 120, while the broader index is up 0.87%. This reaction follows the publication of the annual 2025-26 results, which met targets with an organic growth of 0.2%. However, the operating margin organically declined by 2.6 points to 17.7% and the debt-to-EBITDA ratio rose to 3.22x, from 2.40x a year earlier. The dividend is halved. The market looks beyond: the RC Forward plan aims to create €100 million in value by 2028-29, which seems to fuel today's rebound. Oddo BHF has raised its price target from €43 to €49.90, representing a potential of about 20% compared to the current price. The stock even touched €42.98 during the session, crossing its resistance at €42.24 before falling below it again. Over a year, however, the stock remains down by 11.4%, in a sector of French spirits exporters still affected by the decline in cognac shipments (-10.9% in value in 2024 according to FEVS).
Technical Setup Reversed and Short Positions Slightly Eased Over a Month
Today's surge places the price well above the MM20 (€39.99) and MM50 (€39.33), with respective gaps of nearly 4% and 5.7%. The MM200 at €42.11 remains just above the price (gap of 1.26%) and now acts as the next technical barrier, aligned with the resistance of €42.24 tested this morning. The RSI at 39 is gradually moving out of the low zone without signaling any excess. Regarding positioning, reviewed statements report a combined net short position of 5.38% of the capital, carried by five funds, down by 0.84 point over thirty days (from 6.22% a month ago). The bearish bet remains significant on the stock, but has been easing for several weeks, a movement that may indicate partial coverage of positions as the stock rebounds. Today's session provides investors with a concrete observation point on the stock's ability to validate crossing the MM200, beyond €42.11.
