Solvay's Stock Climbs 2% and Approaches Key Moving Averages
The Belgian chemical company is making gains in early afternoon trading on the Paris stock exchange, in a broadly rising European market. The stock is benefiting from a tone shift by a German broker earlier in the week, following several sessions of consolidation around its moving averages.
Deutsche Bank Upgrades from Sell to Hold and Raises Target to €26
Deutsche Bank upgraded its rating on Solvay on Wednesday, from 'sell' to 'hold', with a price target increased from €23.50 to €26.00. This new target is slightly below the current price of €26.82, reflecting a now neutral outlook from the German broker after several months of caution. The catch-up movement that started earlier in the week continues, with the stock gaining 2.05% during the session while the SBF 120 index is up 1.81%. Across the consensus of analysts, Deutsche Bank's step illustrates a gradual revision of opinions following the rare earth partnership signed with Viridis in early June.
The Stock Reaches its 50-day and 200-day Moving Averages After a Hesitant Journey
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.
In terms of technical benchmarks, Solvay is approaching its 50-day moving average (MM50) at €26.84 and its 200-day moving average (MM200) at €26.91, thresholds it has been trying to reclaim for several sessions. The 20-day moving average at €26.02 is now 3% behind, indicating a short-term momentum that is picking up, while the RSI at 50 remains neutral, showing no extremes. Additionally, a drop in Brent crude to below $89 per barrel (-5.17% in session) eases pressure on energy costs for the chemical sector, which is sensitive to energy expenses. Over the past year, the stock is still down nearly 10%, but today's rebound confirms its exit from the low zone touched in mid-May, around €25.40.
Challenging market environment, excluding potential recovery measures from Sadara, updated guidance reflects Middle East impact
Risks mentioned
Middle East conflict impact of approximately €-25 million on underlying EBITDA in Q3 2026
Continued shutdown of the Peroxide plant at the Sadara complex in Jubail, Saudi Arabia accounted for €-15 million in Q3 2026
Challenging market environment affecting Group performance in Q3 2026
Opportunities identified
Joint venture contractual framework includes mechanisms designed to recover lost profitability from Sadara shutdown
Group exploring all available avenues to mitigate financial impact of shutdown
Transformation program and focus on cash generation and cost savings targets
Outlook / guidance
Expected EBITDA: 730 millions d'euros
Management commentary: In light of these developments, Solvay has reviewed its full-year 2026 guidance. Excluding potential revenue or recovery measures from Sadara for the remainder of 2026, the updated guidance is: Underlying EBITDA between €720 and €740 million
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.
