Mersen stock surges 4% and posts one of the best gains on the SBF 120
Oddo BHF raises its price target on Mersen this Tuesday and maintains its opinion at "outperform", offering a concrete catalyst to a stock already well-oriented over several sessions. The title stands out clearly in a SBF 120 that is almost stable, in a serene Paris market context where the VIX falls below 15 points.
Oddo BHF raises its target to €50 and signals upside potential of nearly 26%
This Tuesday, Oddo BHF raises its price target on Mersen from €49 to €50, while maintaining its opinion at "outperform". Compared to the current price of €39.60, this target represents an upside potential of approximately 26%. The revision comes at a time when the stock is already posting a performance of 9.45% over seven days, a sign that the underlying momentum remains well-anchored. Over one year, the gain reaches nearly 55%, one of the most sustained trajectories of the broader index.
A constructive technical setup, with the price firmly anchored above its three moving averages
In session, Mersen trades at €39.60, up 4.05% from the previous close. The stock is trading well above its 20-day MA (€37.69) and its 50-day MA (€37.99), with respective spreads of more than 5% and 4%, illustrating the strength of the rebound initiated since the September 14 low. The 200-day MA, at €31.95, remains far below, with a spread of nearly 24%.
The RSI at 50 is in neutral territory, with no overbought signal, which leaves room before reaching the resistance identified at €41.88. When publishing first-half 2026 results (August 3), the company was targeting annual revenue of €1.26 billion and EBITDA of €204.8 million.
