ADP share falls below its three moving averages and loses 6% over one month

A decline that puts the stock under pressure against its key moving averages

Aéroports de Paris declines 2.24% to €109 during the session, after closing at €111.50 the previous day. This decline brings the stock below its three moving averages: the 20-day MA at €110.28, the 50-day MA at €111.51 and the 200-day MA at €112.11, representing respective gaps of -1.16%, -2.25% and -2.77%. The configuration is therefore uniformly bearish in the short, medium and long term. The RSI at 52 remains neutral, with no oversold signal.

The support level at €106.10 constitutes the next reference point, still approximately 2.7% below the current price. Over one month, the stock is down 6.2%, although the three-month performance remains positive at +3.32%. The CAC 40 also loses 1.81% during the session, and the SBF 120 declines 1.75%, in an environment weighed down by geopolitical tensions in the Middle East and rising long-term rates.

CIC Market Solutions confirms its hold rating, JP Morgan had upgraded to overweight the previous day

On Wednesday, CIC Market Solutions confirmed its analyst rating at "hold" on ADP, with a price target maintained at €115, representing a potential upside of approximately 5.5% from the current price. The previous day, JP Morgan took a more marked step by simultaneously raising its opinion to "overweight" and its target from €115 to €130. At €130, JP Morgan's target implies a potential of nearly 19% above the current price.

These two ratings therefore diverge on the degree of conviction, but converge toward a target price above current levels. Following the publication of 2025 annual results on July 29, 2026, the group had communicated an EBITDA target of €2,350 million for fiscal year 2026. The support level at €106.10 remains the reference to follow in the coming sessions.