Jefferies cuts target for Gecina stock from EUR 95.00 to EUR 75.00

Published on 10/18/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gecina signed 140,000 square meters in nine months. Gecina stock had 1.70 percent like-for-like growth by September 30, 2026.

Targets leasing and calendar

Jefferies lowered its Gecina target from EUR 95.00 to EUR 75.00 on October 14, 2026.
Gecina signed 140,000 square meters in the first nine months of 2026 versus 92,000 square meters in the third quarter.
Gecina's next earnings date is February 10, 2027, after market close.

Schwarzweiß-Straßenszene mit Bürotürmen, Fußgängern und Radfahrer im Pariser Geschäftsviertel — Schwarzweiße Reportage-Aufnahme dokumentiert Bürotürme, passend zu Gecina SA FR0010040865, einem Büroimmobilien-REIT in Paris, Illustration mit AI erstellt.

Jefferies lowered its price target for Gecina from EUR 95.00 to EUR 75.00 and kept a Buy rating on October 14, 2026, according to Markets Insider. The target cut came on the same date as Gecina's latest business update, which confirmed its 2026 recurring net income guidance.

Leasing momentum reaches 140,000 square meters

Gecina signed 140,000 square meters of office renewals and relettings during the first nine months of 2026, including 92,000 square meters in the third quarter. Like-for-like rental income rose 1.70 percent, compared with 0.70 percent indexation, while reported gross rental income fell 1.40 percent to EUR 531.70 million for the nine-month period, according to Yahoo Finance on October 14, 2026.

What does the leasing figure mean?

The comparison between 140,000 square meters over nine months and 92,000 square meters in the third quarter shows that leasing activity accelerated late in the period. Occupancy stood at 94.00 percent on September 30, 2026, while central offices reached 97.40 percent. Gecina also confirmed recurring net income guidance of EUR 6.70 to EUR 6.75 per share for 2026.

Three dated steps for Gecina

On July 24, 2026, Gecina published its half-year context with net recurring income of EUR 3.43 per share for the six months ended June 30, 2026, on its Gecina investor page. On October 12, 2026, it announced two leases of more than 11 years in Paris La Defense covering 29,000 square meters, as reported by Finanznachrichten. The October 14 business update then supplied the 140,000-square-meter leasing figure and the 2026 guidance.

Next reporting dates are in 2027

Gecina's financial calendar lists 2026 earnings for February 10, 2027, after market close, followed by the general meeting on April 21, 2027. The company is listed on Euronext Paris and belongs to the SBF 120 and CAC Mid 60 indices.

Valuation remains tied to execution

Gecina had a market capitalization of EUR 4.7 billion as of October 16, 2026. Its 52-week range was EUR 59.05 to EUR 83.40, while the latest nine-month figures placed the central Paris portfolio ahead of weaker peripheral locations.

Trading context and company profile

Gecina's latest dated market context is the October 16, 2026 Xetra-linked quote at EUR 63.10. The further course of trading is shown by the continuously updated real-time quote of Gecina stock.