Pluxee shares rebound 1.5% but limit losses after a 16.5% drop in one week
The specialist in meal vouchers and employee benefits rebounds modestly in a Paris market clearly trending higher. However, the stock remains far from its recent benchmarks, following the sell-off that came after the publication of its annual accounts.
A rebound that leaves the stock below its three moving averages
Pluxee shares gain 1.53% to €11.93, while the CAC 40 rises 2.16% and the SBF 120 rises 2.04%.
The stock thus ranks mid-table in its index, far from the strongest gains of the session. The move remains modest compared with the 16.63% decline recorded over seven days, a loss that this rebound only partly offsets.
The price is below its MM20 at €14.08 (a gap of -15.27%), its MM50 at €14.63, and its MM200 at €12.70 (a gap of -6.06%).
The RSI, at 23, signals an oversold configuration following this decline, and the support level at €11.75 sits just below the day's price. In the same sector, Edenred gains 2.71% but has fallen 9.76% over one month, a less deteriorated trajectory than that of Pluxee.
A transition year announced, price targets lowered
The decline in the stock follows the publication of annual results on October 29. Pluxee exceeded its 2026 targets, with a recurring EBITDA margin of 37.5%, but presented 2027 as a transition year: the group targets at least €440 million in recurring EBITDA, compared with €488 million achieved in the fiscal year ended August 31, 2026. It highlights the impact of the Brazilian reform of the worker assistance programme (PAT).
On the analyst side, AlphaValue today lowers its target from €20.20 to €14.30 with an accumulate rating, after its previous buy rating, while Morgan Stanley lowered its target from €15.00 to €12.50 on November 2, with an equal-weight rating.
The analyst consensus values the stock at about 7.8 times expected earnings for the current fiscal year. The stock remains down 18.23% over three months.
