Klépierre share hits record at €40.20, highest level since 2016
The real estate company crossed a significant symbolic milestone today by posting a new all-time high over ten years, in a well-oriented Paris market. The record comes in the wake of the upward revision of annual targets published in late July, which had already propelled the share to unprecedented levels in a decade.
A ten-year high at €40.20, with moving averages widely exceeded
Klépierre touched €40.20 during the session, beating its previous ten-year record of €40.10, reached in 2016. Since this intraday high, the share has slightly retreated to €40.08, representing a gain of 0.25% compared to the previous close. Over one month, the increase reaches 12.27%, reflecting a marked acceleration of the bullish momentum underway for several weeks. The moving averages testify to the strength of the movement: the price is trading 5.14% above the 20-day MA at €38.12, and 9.06% above the 50-day MA at €36.75.
The 200-day MA at €34.36 remains 16.65% below the current price, underscoring the scale of the underlying rally. The RSI at 78 signals a pronounced overbought configuration — consistent with nearly 17% progress over three months. The next psychological level above the current price is the €41.00 mark, a level the share has yet to reach.
Half-yearly results and raised guidance, foundation of progress since late July
The stock market momentum of recent weeks stems from first-half 2026 results published on July 29, accompanied by a revision upward of annual targets. Klépierre now targets gross operating surplus of at least 1,150 million euros for the full year, and net current cash-flow per share at the upper end of a range between €2.77 and €2.80. These figures are based on consistent first-half progress: rental income up 4.4%, gross operating surplus up 4.8%, and positive rental reversion of 5.0% on renewals and re-lettings.
Shopping center footfall increased only 1.2% over the period, which remains a monitoring point going forward, particularly as the cost of new financing at 3.42% already exceeds the current average cost of debt of 1.9%. On the stock market side, the analysts' consensus bears monitoring to assess whether breaking the ten-year historical record changes sector price targets for real estate companies. The immediate support level in case of consolidation stands at €35.34, a former resistance level now broken through by the share.
