Capgemini Share: Nearly 12% in Seven Days, Leading the CAC 40
The IT services group continues its rebound within the CAC 40, in a Parisian market advancing modestly. The movement is accompanied by a recent analyst opinion and an upcoming publication schedule.
A Gain of 11.91% Over the Week That Widens the Gap from Moving Averages
The Capgemini share gains 1.6% to €124.05 in early afternoon trading, in a CAC 40 rising by 0.31%. The stock ranks in the top half of the index's leaderboard, behind Renault, Stellantis, and EssilorLuxottica, and continues a rebound of 11.91% over seven days. This surge moves it significantly away from its 50-day moving average at €108.30, which the price now dominates by 14.54%. The RSI at 70.71 sits at the edge of the overbought zone, highlighting the scale of the recent rally.
The session context remains marked by tensions over French debt: the 10-year OAT stands at 4.74% according to the October 15 reading, or 1.35 percentage points above the Bund. However, the Paris session is moving upward, and rate markets remain more of a backdrop to the session than a specific driver for Capgemini. In the United States, Accenture gained 4.63% on Thursday on Wall Street and has accumulated a 16.3% gain over one month, a trajectory parallel to Capgemini's, though no causal link is established.
Deutsche Bank Raises Its Target to €150 Ahead of October 21 Update
On October 15, Deutsche Bank raised its price target from €125 to €150 and placed a buy rating on the stock. This target exceeds the current price of €124.05 by more than 20%. It comes as the group raised its growth target at constant exchange rates in July, when publishing its first half 2026 results (on July 30), to approximately 8.5% to 9.0% for the full year.
According to analyst consensus reviewed, the stock is trading at approximately 9.6 times current fiscal year earnings and 9.0 times next fiscal year earnings, with expected earnings per share growth of 7.2%. In parallel, the group is executing its €600 million share buyback program announced on October 6, approximately 6% completed by October 13. The next milestone is scheduled for October 21, with the nine-month 2026 update.
