EssilorLuxottica stock falls after Kepler Cheuvreux cuts rating and target
Published on 09/17/2026 at 18:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EssilorLuxottica stock (ISIN FR0000121667) came under pressure on Euronext Paris on September 17, 2026 after broker Kepler Cheuvreux downgraded the Ray-Ban maker to a sell-equivalent rating and sharply reduced its price target to EUR 135 from EUR 244.
Kepler downgrade hits EssilorLuxottica stock
According to Placera on September 17, 2026, Kepler Cheuvreux cut its recommendation on EssilorLuxottica from Buy to Reduce and lowered the price target to EUR 135 from EUR 244, a reduction of EUR 109 or about 44.7 percent.
The same note cited by Bloomberg on September 17, 2026 described the downgrade as a rare sell call for one of Europe's best rated blue chips, noting that EssilorLuxottica shares had lost about 55 percent since November in the broader market rout.
Stock trades near multi year lows
During trading on September 17, 2026, EssilorLuxottica shares were quoted around EUR 142.40 on Euronext Paris in real time, down about 1.86 percent on the day, with the last official close reported near EUR 145.10 per data referenced by Zonebourse.
As Ideal Investisseur reported on September 17, 2026, the stock fell intraday to EUR 140.70, its lowest level since 2022, before trading around EUR 141.95, which was 8.18 percent below its 20 day moving average at EUR 154.59 and 12.44 percent below the 50 day average of EUR 162.12.
Recent performance and technical context
Ideal Investisseur highlighted that EssilorLuxottica stock was down 2.79 percent at EUR 141.05 in one snapshot on September 17, 2026, underlining the short term pressure on the shares following the analyst call.
Short term performance has also been weak in the context of broader French equities, with shares of EssilorLuxottica moving lower while the CAC 40 index closed at 8,140.59 on September 16, 2026, according to index data from Euronext.
Stock price and market snapshot
EssilorLuxottica SA is primarily listed on Euronext Paris under the ticker EL, and the reference price for investors is the euro quote on that market. On September 17, 2026, intraday real time data showed the stock trading around EUR 142.75 on Euronext Paris, down about 1.62 percent for the session and roughly 2.09 percent since the start of the year based on figures cited by MarketScreener.
EssilorLuxottica stock facts
- Company: EssilorLuxottica SA
- ISIN: FR0000121667
- Ticker: EL
- Trading venue: Euronext Paris
- Price (as of September 17, 2026): 142.75 EUR
- Sector / Industry: Consumer Discretionary / Apparel, Accessories and Luxury Goods
- Index membership: CAC 40
