ID Logistics stock catches its breath after +10% in one week
The specialist in contract logistics is taking a breather after a very well-oriented week, in a declining Paris market. The stock is testing a technical threshold anew, as an analysis firm has just raised its target.
A decline that brings the stock back below its 368 € resistance level
The stock fell 2.17% to 360 € during the session, after touching 368 € the previous day, a level that acts as resistance. The move erases part of the surge linked to growth of 25.6% published in the third quarter, and it occurs as the SBF 120 declines by 0.72%. The gain remains close to 10% over one week, and the price holds 10% above its 20-day moving average (327.03 €), at 1.4% from the 200-day moving average (355.14 €) which had provided support.
The RSI at 68 reflects a stock that has risen significantly in a short time and is now pausing. The group also inaugurated on October 21, with Puma, a 41,000 m² site in Vendenheim, in the Bas-Rhin region, intended for the brand's B2B activities in France.
A target raised to 535 € and projects supporting growth
UBS raised its price target on October 22 from 525 € to 535 €, while maintaining its buy rating, representing a potential upside of nearly 49% from the current price. This revision adds to the analysts' views on the stock, already focused on the ramp-up of new sites. During the publication of nine-month 2026 results on October 21, the company indicated it had launched 27 new operations since the beginning of the year, including 10 in the third quarter.
North America, the growth driver, advanced 48.1% on a comparable basis, and nearly 80% of activity is now generated outside France. Among the points of concern highlighted by the group is the preparation for peak activity periods in the fourth quarter, with Black Friday leading the way.