Vicat share rebounds by 2%, among the most sought-after values of the SBF 120
The Isère-based cement manufacturer returned to gains this Friday, ranking among the best performers of the index while European markets evolved nearly flat. However, the recovery remains fragile: the security remains engaged below its three moving averages, in a sector context marked by the rise in Brent and uncertainties over energy costs.
A 2% rebound that leaves Vicat under a triple technical ceiling
Vicat advances by 2.04% to 60 € during the session, rebounding from its support at 58.80 €, at the contact of which the security had closed the previous day. This surge is one of the sharpest in the SBF 120, in an index that is only up 0.06%. The immediate resistance is located at 66.30 €, representing a gap of more than 10% above the current price.
The three moving averages continue to weigh on the security: the MA20 at 62.34 €, the MA50 at 63.37 € and the MA200 at 66.86 € are all above the price, with respective gaps of 3.75%, 5.32% and 10.26%. The RSI at 37, without having reached outright oversold territory, signals that downward pressure remains present and that the security has not yet exhausted its selling. Over the past month, the security is down 6.69% and 9.37% over three months, which places today's recovery in a broader correction movement.
Well-oriented fundamentals but energy risks in the second half
When publishing its results for the first half of 2026 on July 30, Vicat had raised its annual targets, expecting growth of between 7% and 9% on a constant scope and exchange basis, with revenue up 10.8% over the period. This commercial momentum contrasts with the technical picture of the security, which has suffered since mid-September from a return of caution on values linked to construction and materials. The group itself had then identified the increase in energy costs as a risk that should materialize more in the second half.
The Brent surge, approaching $105 a barrel during the session, keeps this risk very much present. In terms of valuation, according to the consensus of surveyed analysts, the security is trading at approximately nine times the profits expected for the current fiscal year, a modest level that reflects both market participants' caution and uncertainties over second-half margins. The support at 58.80 € remains the reference to defend in order to consolidate this rebound.
