Pluxee Shares Climb 3% Marking Nearly 19% Increase Over the Month
The employee benefits specialist continues its recovery on the Paris Stock Exchange, in a stagnant Parisian market. The stock crosses a closely watched technical threshold and extends a rebound that began in mid-June, following the publication of its quarterly accounts.
Breaking Through Resistance Extends the Rebound Started in Early July
Pluxee shares gained 2.95% to €13.26, among the strongest rises in the SBF 120 while the broader index rose by 0.1%. The stock crossed a closely monitored technical threshold during the session and has maintained above it, extending a vigorous catch-up dynamic: +18.9% over a month, a movement that intensified following the publication of third-quarter revenue on July 3, despite a quarterly decline of 3.3%. The price is now significantly above its three moving averages, with a gap of 11.6% from the MM20 and 6.1% from the MM200, indicating a recovery extended across all trend horizons.
The RSI at 64 is in the high zone without yet signaling excess. The annual performance remains heavily negative, at -27.1%, illustrating the magnitude of the recovery path embarked upon since the mid-June low point.
Morgan Stanley Raises Target to €15.50, a Potential Praised by the Market
Morgan Stanley set a price target of €15.50 on the stock today, with an inline weighting, representing a potential of about 17% beyond the current price. This stance accompanies a fundamental movement supported by the confirmation, during the publication of Q3 2026 (July 3, 2026), of the group's financial targets for the current fiscal year, despite a quarterly revenue decline of 3.3% hampered by Brazilian regulatory reform and macroeconomic weakness in continental Europe. Based on the expected earnings per share, the stock is priced at about 8.7 times the earnings for the current fiscal year according to the consensus of surveyed analysts.
Edenred, in the same sector, is up 2.81% in session. The next visible technical threshold now lies beyond the resistance crossed, while the annual decline remains to be recovered.
