FDJ United Stock Rebounds After Hitting Post-COVID Crash Low
FDJ United's stock recovers during the session, following a slide that brought it to its lowest since the COVID crash. The rebound occurs as a brokerage house has just upgraded its rating on the stock, which has still been under bearish pressure in recent months.
The stock regains ground after hitting a multi-year low at the end of June
FDJ United stock is up 1.92% at €22.26, with the SBF 120 up by 0.77%. The rebound is modest compared to the recent trajectory: the stock is still down 2.63% over a month and nearly 34% over a year, after hitting a post-COVID crash low on June 26, below €21. The price is returning to its 20-day moving average (€22.37), which it was testing very closely, while the 50-day MA at €22.87 and the 200-day MA at €24.36 remain above, at respectively 2.7% and 8.6% of the current price. The RSI at 40 indicates a still convalescent dynamic, without a clear reversal signal. According to reviewed statements, four funds accumulate 6.82% of the capital sold short, a high level that reflects a persistent distrust by institutional investors in the stock. However, bearish pressure has eased over thirty days (-0.84 point), indicating a beginning of unwinding of short positions.
CIC Market Solutions upgrades to 'Buy' with a target price of €29
CIC Market Solutions announced on June 30 a 'Buy' rating on FDJ United, with a target price set at €29. This level represents an appreciation potential of nearly 30% compared to the current price. The opinion comes after several months of decline, marked by the publication of annual results for 2025 affected by taxation according to editorial briefs, and a sequence of falling sessions until the end of June. Based on the consensus of surveyed analysts, the stock is trading at about 9.5 times the earnings of the current fiscal year and 8.2 times those of the next fiscal year, with an expected EPS growth of +14.7% year-over-year. The resistance threshold at €23.32 is the next technical marker above the price, while the support at €21.33 was defended last week.
