Among the strongest gainers on the SBF 120, ID Logistics Group stock rises 2.5%
The specialist in contract logistics is enjoying a rebound session in a declining Paris market. The movement comes after several weeks of decline, and an analyst firm raised its target in the morning.
A rebound supported by the 20-day moving average in a declining SBF 120
ID Logistics advances 2.71% to €322 in trading, while the SBF 120 falls 0.94% and the CAC 40 declines 1.06%. The stock ranks among the strongest gainers in the index. The price moves back above its 20-day moving average (€319.78, with a gap of +0.69%) after remaining below this average for several days, making this level the support point for the rebound.
The 50-day moving average (€334.59) and the 200-day moving average (€361.28) remain above the current price, respectively at distances of 3.76% and 10.87%. Today's gain only partially offsets the declines of -10.31% over three months and -20% over one year.
TP Icap Midcap raises its target to €506 and maintains a buy rating
TP Icap Midcap raised its price target on Monday from €502 to €506, with a buy rating, representing upside potential of around 57% compared to the current price. The opinion is based on first-half 2026 figures, published on August 26, which showed growth of 46.3% on a comparable basis in North America and the launch of 17 new contracts. The group also opened its 20th country with an initial operation in Australia.
On the cautious side, the publication mentioned an unfavorable currency effect and net financing charges up 4.2 million euros. On October 1, ID Logistics also extended its partnership with Castorama until the end of 2028. Support at €309.50 and resistance at €342 define the trading range for the stock.
