Vicat Shares Pause After a 11% Surge Over a Week

A Logical Consolidation After Last Week's Rally

Vicat shares fell 1.63% to €66.20 in early afternoon trading, while the SBF 120 edged up 0.07% and the CAC 40 remained stable. This movement comes after a very favorable sequence: the stock has gained 11.26% over a week and 8.88% over a month, having broken its resistance at €64.80 during the session on June 15, as documented in a previous brief. Today's consolidation leaves the price well above the 20-day moving average (MM20) of €62.20 (a +6.4% gap) and the 50-day moving average (MM50) of €62.95 (a +5.2% gap), but just below the 200-day moving average (MM200) of €66.99 (a -1.2% gap), which now acts as an immediate technical ceiling. The RSI at 65 indicates this tension: the stock is not yet in overbought territory, but it is approaching it after the surge in recent sessions.

CIC Market Solutions Maintains a Target of €81, Over 22% Potential

Regarding analyst opinions, CIC Market Solutions reaffirmed on June 16 its buy rating and its price target of €81, representing a potential of approximately 22.4% compared to the current price. The sector context also remains supportive: Brent crude fell 4.27% during the session to $79.62/barrel, after a cumulative decline of about 16.7% since June 7, which reduces fuel costs, a sensitive expense for a cement company. This energy easing follows the US-Iran agreement signed on the sidelines of the G7 in Évian, which includes the reopening of the Strait of Hormuz. The next technical benchmark to watch is the MM200 at €66.99, whose reconquest would validate the bullish exit started from the low of June 8 under €59.10.