Trigano Shares Rise 2.5% and Lead the SBF 120
The French recreational vehicle manufacturer continues its rebound in mid-morning trading, following a quarter deemed mixed and a large share buyback program. The stock climbs to the top of the Paris leaderboard, even as the French index moves into the red. The session is also marked by a new stance from a major analysis firm.
Trigano Leads SBF 120 Despite a Declining CAC 40
Trigano stock gains 2.52% to €142.50, marking the highest rise in the SBF 120 while the broader index is down 0.37% and the CAC 40 falls by 0.35%. This movement extends the rebound that began the previous day, following the publication of the quarterly revenue and the announcement of the repurchase of 300,000 shares for €45.9 million. Over the week, the stock has regained 4.63%, mitigating part of a monthly decline of 9.41%.
During the Q3 2026 announcement on June 24, management indicated expectations for improved annual results for 2026, despite limited sales growth of 1.6%, hindered by supply chain disruptions in bodywork. The positive reception by distributors to the 2027 ranges was also mentioned as a key driver at that time.
UBS Confirms Buy Rating and RSI at 26 Indicates an Oversold Stock
UBS adjusted its opinion on Thursday, June 25, lowering its price target from €193 to €187, while maintaining a buy rating. Based on the current price, the target offers a theoretical potential of about 31%. Today's rebound occurs on a technically strained stock: the RSI at 26 indicates an oversold configuration after several sessions of decline, and the price remains 4.08% below its 20-day moving average (€148.56) and nearly 9% below its 200-day moving average (€156.54).
The next resistance is at €162.10, while the support at €133.60 held during the recent test. According to the consensus of analysts surveyed, the stock is priced at about 9.4 times the expected earnings for the current fiscal year.
