SCOR Shares Jump 2.62% Following Results, Citi Raises Target
SCOR SE shares saw significant progress this Thursday, March 5, driven by the publication of its annual 2025 results the day before. The price reached 30.54 euros by late morning, up 2.62% from the previous day's close. Following this announcement, two analysis offices have adjusted their price targets.
Strong Session for SCOR SE
SCOR SE is having a strong session this Thursday morning, with a share price at 30.54 euros, up 2.62% from 29.76 euros the day before. The French reinsurer published its annual 2025 accounts on March 4, an event that fuels the buying momentum observed early in the day. Over the last three months, the stock has gained 14.55%, while the performance over one year stands at 16.3%. From a technical standpoint, the price is now very close to the resistance identified at 30.90 euros, a threshold it has not yet crossed. The 50-day moving average, at 28.49 euros, remains significantly below the current price, indicating a bullish trend established over several weeks. The RSI, at 56, indicates a neutral zone without excessive buying, leaving room before reaching overbought levels.
Analysts Update Their Assessments
Two institutions updated their assessments this Thursday, March 5, following the financial communication from the group. Citi has raised its price target from 31.76 to 34.30 euros, while maintaining a 'buy' recommendation. This new target represents a potential upside of about 12.3% from the current price. Meanwhile, AlphaValue slightly reduced its target from 36.50 to 35.70 euros but maintains an 'accumulate' rating. This second target suggests a potential for progress of about 16.9%. These adjustments reflect generally constructive analyses on the trajectory of the Paris-based reinsurer following the 2025 fiscal year. Both targets are significantly above the price of 30.54 euros observed in late morning. The general meeting scheduled for April 28 and the publication of the first quarter 2026 results, expected on May 6, will be the next financial events likely to influence the stock's performance.
