Spie stock draws a higher Jefferies target after H1 growth

Published on 09/25/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Spie stock drew a EUR 55 Jefferies target on September 10, 2026, up from EUR 50. H1 revenue reached EUR 5.157 billion, while the EBITA margin rose to 6.2 percent.

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Spie stock (ISIN FR0012757854) was trading at EUR 43.06 on Euronext Paris on September 25, 2026, down 0.46 percent from the previous close. The key valuation signal is Jefferies' September 10, 2026 upgrade from Hold to Buy, which lifted its price target from EUR 50 to EUR 55.

Jefferies raises its target

According to Yahoo Finance on September 10, 2026, Jefferies upgraded Spie to Buy from Hold and increased its target to EUR 55 from EUR 50. The broker cited improving growth prospects into 2027 and judged the recent share-price weakness excessive.

At EUR 43.06, the new target stands EUR 11.94 above the reference price, while the stock is EUR 10.39 below its 52-week high of EUR 53.45. That leaves the analyst view centered on a recovery in growth rather than on a short-term earnings surprise.

H1 margin reaches 6.2 percent

Spie's first-half 2026 results covered the six months ended June 30, 2026. Yahoo Finance reported revenue of EUR 5.157 billion, up 3.6 percent from the prior-year period, while EBITA increased 6.9 percent to EUR 321 million.

The EBITA margin expanded by 20 basis points to 6.2 percent, and adjusted net income rose 11.9 percent to EUR 187 million. Management also confirmed its fiscal-year 2026 outlook for total growth, further organic growth, active bolt-on acquisitions and continued EBITA margin expansion.

Stock trades inside its yearly range

Spie had a market capitalization of EUR 7,292,538,687 on September 25, 2026, with 86,602 shares traded. The intraday range stood at EUR 42.18 to EUR 43.34, while the 52-week range was EUR 41.44 to EUR 53.45.

The combination of 3.6 percent first-half revenue growth and a 6.2 percent EBITA margin gives the Jefferies target a clear operating benchmark. For investors, the next test is whether organic growth can build on the 1.2 percent H1 contribution while margin expansion continues.