Vicat shares break above €68.70, a 150-session high
The Isère-based cement maker continues its rally in a well-oriented Parisian market, a few days after raising its annual target. The stock trades clearly above its three moving averages and extends a very favorable month.
A rebound that turns the €68.70 resistance into support
Vicat shares gain 1.92% to €69.00 intraday, while the CAC 40 rises 1.04%. The price has just broken above the €68.70 level, its highest of the last 150 sessions, which now acts as support.
The stock thus moves further away from its MM20 (€61.43), located 12.32% below the current price, and the cumulative gain over one month is 18.56%.
The RSI at 78 signals an overbought configuration after this acceleration. The stock had already broken above the 30-session high of €67.70 during this move, and it is now passing the MM200 (€64.14), now 7.58% below the price.
An upgrade to the annual target and a quarter driven by emerging markets
The underlying driver remains the publication of November 5: Vicat has raised its 2026 revenue growth target after a quarter at €1,087 million, up 10.2% on a like-for-like basis (constant scope and exchange rates). This growth relies on emerging countries and the United States, while Europe declines by 2.9%.
Over the week, the stock gains 8.83%, showing that the market extended the move begun before the publication. In a context where the 10-year French OAT has fallen back to 4.79%, the latest level recorded, the spread with the Bund remains close to 1.5 points. The next technical reference to watch is the resistance at €81.20.
