Le Slip Français Stock Soars 10% Following Buy-Side Initiation
The stock of the French-made underwear brand surged during trading, two and a half months after its listing on Euronext Growth. The jump came after TP ICAP Midcap initiated coverage with a buy recommendation, marking the first brokerage firm to analyze the stock since its July introduction.
Over 10% Rally Driven by First Analyst Coverage Since IPO
The Le Slip Français stock gained 10.09% to €12.00 during trading, after TP ICAP Midcap initiated coverage with a buy rating and a target price of €18.10, representing an upside potential of over 50% from current levels. This marks the first time a brokerage firm specializing in small and mid-cap stocks has entered the analyst coverage universe for the Paris-based brand, listed since July 14, 2026. Analyst consensus on the stock is now inaugurated by this €18.10 target, communicated by TP ICAP Midcap on September 24. Over the week, the stock advanced 12.04%, allowing it to offset part of the 18.24% decline accumulated over three months.
Immediate Resistance at €12.50, Against a Backdrop of Stable European Market Conditions
The next technical level to watch stands at €12.50, a round psychological threshold above current trading levels. This level has no historical precedent and represents a forward-looking reference point, particularly as the stock is trading near its highs since the plunge to €8.86 recorded in early September, following which the brand subsequently rebounded gradually. Market conditions remain neutral: the CAC 40 is virtually flat during trading (+0.03%) and the SBF 120 is evolving in the same pattern (+0.06%), with no particular sector pressure.
Meanwhile, the partnership signed with Kymono on September 14, which gives the Fier(T) range access to 10,000 B2B clients, outlines an additional commercial development axis for the brand. The €12.50 resistance level remains the next near-term reference point.
