Rubis share breaks through its 36.20 € resistance and leads the SBF 120

A breakthrough above 36.20 € in a downward-oriented SBF 120

The Rubis share gains 2.89% to 36.36 € during the session, leading the SBF 120, which falls 1.33% at the same time. The share has upwardly broken through its resistance level of 36.20 € and is holding above it, a level it had tested unsuccessfully on September 21 and again on October 1, when it fell back below its 20-day moving average. It is now trading 3.97% above its MA20 and 5.27% above its MA50.

Over one week, the gain reaches 5.27%. Brent crude declined 1.32% to 108.41 $ per barrel this morning, following a partial freeze of American sanctions on Russian energy, but it remains up 4.8% over seven trading sessions. The group is exposed to oil through its fuel distribution and storage activities.

The project to convert into a joint-stock company and the Supervisory Board's favorable opinion

The Supervisory Board of Rubis unanimously issued a favorable opinion on the group's transformation project into a joint-stock company, presented by the Management, according to a press release published on Monday, October 19. The group is inscribing this in the succession and managerial transition process undertaken by its two founders, with 11% of capital allocated to the commandités. On the analyst side, CIC Market Solutions maintained today its buy recommendation with a price target of 49 €, representing a potential of approximately 35% compared to the current price. During the publication of its first-half 2026 results on September 8, the group had raised its 2026 EBITDA guidance.