One of the strongest rises on the SBF 120: Elis stock gains 2% during the session

A stock that rises back above its 20-day moving average after a quarterly decline

The Elis stock is up 2.02% to €22.26, compared to €21.82 the previous day, while the SBF 120 gains 0.21%. This places the stock among the strongest gainers in the index. The movement allows the value to move back above its 20-day moving average (€21.70), while the 50-day and 200-day averages (€23.08 and €25.21) remain above the price. Over the week, the gain reaches 5.3%, which mitigates but does not erase the 13.25% decline over three months. The RSI at 45.7 remains in moderate oversold territory: the rebound does not have the violence of an extreme reversal.

Short sellers, for their part, are easing the pressure. According to filed declarations, two funds combined hold 1.24% of capital, compared to 3.10% thirty days ago. Such a decline suggests positions unwound following the fall in recent months, though we cannot infer the intentions of the funds concerned. The current level remains modest.

UBS raises its target price to €32 on the textile services group

In the analysts' consensus, UBS raised its target price on October 14 from €29.40 to €32, maintaining its buy opinion. This target is nearly 44% above the current price of €22.26. The bank had already indicated a target of €32 the previous day, October 13. On fundamentals, the group published its H1 2026 results on July 29, with revenue up 4.9%.

It indicated expected annual organic growth slightly lower than that of 2025. Furthermore, the company carried out share buybacks representing €604 million over twelve months, or 11.4% of its market capitalization. Support at €20.98 and resistance at €23.66 currently bound the price movement.