Eurofins Scientific stock breaks through resistance and signs a 4-year high
The group of analysis laboratories climbs sharply during the session and ranks among the best performers in a rising CAC 40. This movement comes as the group has just published its activity for the first nine months, with an annual target revised downwards.
A four-year peak at 81.54 €, above the three moving averages
The stock touched 81.54 € during the session, Eurofins Scientific thus exceeding its previous record of 79.38 €, set in 2022. It is trading at 81.20 €, up 2.78%, in second place in the CAC 40 behind EssilorLuxottica, while the index gains 0.55%. The stock broke through its resistance of 79.16 € during the session and is holding above it, making this level its immediate support. Over three months, the gain reaches 14.21%.
The price is 5.37% above the MA20 and 19.66% above the MA200, a gap that shows how much the session has detached itself from the underlying trend. The RSI at 61.86 remains in neutral territory. The next round level is at 85 €, a prospective benchmark, with the stock trading without prior technical resistance above it.
A third quarter in acceleration, but an annual organic target out of reach
The group published this morning a turnover of 5,614 million euros over nine months, up 3.7%. Organic growth increased from 2.5% in the first quarter to 3.5% in the third. Eurofins indicates, however, that its 2026 organic growth will remain below its initial target, while maintaining its profitability and cash-flow objectives.
On the analyst side, CIC Market Solutions maintains its buy rating with a price target of 80 €, a level below the current price. The analyst consensus remains to be monitored in the coming sessions. Today's publication constitutes the last financial appointment of the quarter.
