Aperam Shares Rise by 1.46% at the Close of December 29, 2025
Aperam's stock closed the session on Monday, December 29, 2025, at 34.76 euros, up by 1.46% compared to the previous day. This increase is part of a broader favorable trend, with the stainless steel producer showing a performance of 2.29% over seven days and 23.04% over three months. Over a year, the gain reaches 38.9%, a remarkable trajectory despite ongoing tensions in the European steel market. However, traded volumes remain limited, with only 0.09% of the capital traded on Monday. The upgrade in recommendation from Morgan Stanley on December 16, which raised the price target from 31.50 to 40 euros and upgraded the stock from market weight to overweight, continues to support investor appetite. The American bank praised the group's diversified business model and its exposure to a potential recovery in Europe, with an expected cash conversion rate of 11% in 2026.
The day's price is approaching the resistance threshold of 35.16 euros, a key level to watch in the upcoming sessions to confirm the continuation of the upward movement. The RSI is at 69, close to the overbought zone at 70, indicating strong momentum but could justify a technical pause in the short term. The stock is significantly above its key moving averages, with 34.92 euros against an MM50 of 32.31 euros and an MM200 of 28.58 euros, confirming the positive underlying trend. JP Morgan had already raised its target from 30.80 to 35 euros at the beginning of December, while maintaining a neutral recommendation. These successive revisions of price targets reflect a renewed interest from analysts in the stainless steel sector, in a context where the European Commission proposed new protective measures against global overcapacities in November.