Eramet stock surges nearly 13% in a week and breaks through its resistance level

Oddo BHF lowers its target to €55 while maintaining a neutral opinion

This Wednesday, August 5, 2026, Eramet receives an updated assessment from Oddo BHF: the bank lowers its price target from €63 to €55, while maintaining a neutral opinion on the stock. At the current price of €47.58, this target represents an upside potential of approximately 16%. The downward revision of the target comes in a context where the half-year results published on July 29, 2026 showed adjusted EBITDA up 45% to €276 million, but group net income still negative, notably following a depreciation related to a fire in Senegal. The completion of the group's financing plan remains a closely monitored variable.

The stock near its 50-day moving average after breaking through resistance at €47.60

In terms of intraday movements, the stock has broken upward through its resistance at €47.60 and is holding there, which constitutes a notable change in configuration. The 50-day moving average at €47.37 is now at virtually the same level as the price (difference of +0.44%), while the 20-day moving average at €43.28 is clearly below, signaling that short-term momentum remains oriented upward. The RSI at 59 indicates neither overbought nor oversold conditions, leaving room in both directions.

The 200-day moving average at €55.31, however, remains approximately 14% above the current price, reflecting significant divergence with the long-term trend. The one-week performance reaches nearly 13%, compared to -21.4% over three months, two figures that illustrate the scale of the recent rebound without, however, erasing the quarterly decline. The SBF 120 is rising marginally during the session, providing a globally neutral market context for the stock.