Rémy Cointreau Shares Break Through Resistance at €41.30, Marking a Strong Rebound
The spirits group's stock recorded one of the highest increases on the Paris stock exchange this Wednesday, May 6, 2026, reaching €42.38 at mid-session. This movement occurs in a significantly bullish Parisian market, with the CAC 40 up 3.01% at 8,305 points. The rebound offsets some of the decline over the past three months (-2.75%).
A Technical Rebound Above the Upper Bollinger Band
During the session, Rémy Cointreau surpassed its resistance level at €41.30, a threshold that was previously tested at the end of April without a breakthrough. The stock is now above the upper Bollinger band (€41.86), indicating a short-term overbought condition. The RSI at 53 remains neutral, which does not invalidate the rise but indicates that the bullish momentum is far from exhausted. The 200-day moving average remains at €43.61, about 2.9% above the current price: this level marks the next reference zone for the medium-term trend. Today's surge occurs in a calm sector context, with geopolitical easing related to the Washington-Tehran rapprochement that has led to a nearly 9% drop in Brent to $100.44.
BNP Paribas Raises Target Following Annual Report
On May 4, BNP Paribas raised its price target from €36.00 to €38.30, while maintaining a neutral rating. The target remains about 9.6% below the current price, indicating continued analyst caution. This revision follows the annual report published on April 30, in which the group reported a revenue of €935.3 million, with an organic growth of 0.2%. The group also lowered its guidance on current operating income, now expected to decline organically between low double-digit and mid-teens, compared to a mid-single-digit decline previously. Among the opportunities mentioned in this report are the launch of Rémy Martin VS in South Africa and Nigeria and the resilience of depletions. The next important date is set for June 4, 2026, with the publication of the revenue for the fourth quarter of 2025-2026.
