Edenred stock breaks through its 30.45 € resistance level and rises by 3%

A resistance level broken during the session that widens the gap with moving averages

The Edenred stock gains 2.98% to 30.42 € in mid-afternoon, in a CAC 40 that advances 0.4%. The stock broke through its resistance of 30.45 € upward during the session and is holding above it (last price at 30.48 €), after an advance of nearly 10% over the week. This surge places it 8.72% above its 20-day moving average and over 33% above its 200-day moving average.

The RSI at 60 leaves room before the overbought zone. Over one year, the security gains 51.34%, and the stock ranks among the strongest increases in the SBF 120.

Analyst ratings raised and third quarter sales expected on October 21

Analysts have updated their targets in recent days. UBS raised its target from 19 € to 28.50 € on October 15, confirming its hold rating. CIC Market Solutions maintains a 34 € target on the buy side since October 14. The analyst consensus therefore remains above the current price.

Following the publication of first half 2026 results on July 23, the group had raised its EBITDA forecasts for 2026, citing among the risks regulatory change on meal vouchers in Italy and Brazil. Third quarter revenue will be published on October 21.