Eiffage shares break through their €108.80 resistance and aim higher
The construction and motorway concession group gains ground in a well-oriented CAC 40 as it reveals its third-quarter activity. The stock is regaining altitude after a long period of stagnation.
A 30-session threshold retaken on the upside, now acting as support
Eiffage gains 1.06% to €109.85, among the most pronounced gains of the day in a CAC 40 that rises 0.61%. During the session, the stock broke above its €108.80 resistance, its highest level of the last 30 sessions, and holds above it: this level now acts as support.
The stock thus trades 7.17% above its 20-day moving average (€102.50), while its 200-day moving average at €122.93 remains 10.64% higher, a sign of a rebound that has not yet erased the 9.59% decline over three months.
Over the week, the gain reaches 5.37%. Among its peers, Vinci rises 1.05% and Bouygues 0.80% this Thursday.
Third-quarter 2026 revenue published today
The group publishes its third-quarter 2026 revenue this Thursday. The stock arrives at this event after a phase of rebound, a few days after the break above €107.15 observed on November 10.
Based on the consensus of the analysts surveyed, the stock trades at about 9.7 times current-year earnings, with expected earnings per share growth of 8.8% next year.
The next technical resistance on the upside is at €142.70, far from the current price, while €108.80 is the level to defend in order to keep today's breakout.
