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

Published on 10/20/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gecina secured 140,000 sq.m in nine months at 94.0% occupancy. Gecina stock costs EUR 61.20 on October 20, 2026, below the EUR 61.55 Xetra close.

Gecina update and valuation

Jefferies lowered its Gecina target to EUR 75.00 on October 14, 2026.
Gecina secured 140,000 sq.m in the first nine months of 2026 at 94.0% occupancy.
Gecina stock traded at EUR 61.20 at 1:04 p.m. CEST on October 20, 2026, 0.57 percent below the Xetra close.

Aquarellbild der Seine mit Pariser Altstadt und Bürotürmen von La Défense im Hintergrund — Aquarellmalerei der Pariser Skyline symbolisiert das Immobilienportfolio von Gecina SA FR0010040865 entlang der Seine, Illustration mit AI erstellt.

Gecina (FR0010040865) was trading at EUR 61.20 at Lang & Schwarz on October 20, 2026 at 1:04 p.m. CEST, down 0.57 percent versus the Xetra close of October 19, 2026 at EUR 61.55. On October 14, 2026, Markets Insider reported that Jefferies had cut its target for Gecina from EUR 95.00 to EUR 75.00 while keeping a Buy rating.

Leasing accelerated in 2026

Gecina's October 14, 2026 business update showed 140,000 sq.m of office renewals and relettings in the first nine months of 2026, including 92,000 sq.m in the third quarter. The company also said like-for-like rental growth reached 1.70 percent and financial occupancy stood at 94.00 percent, according to Gecina.

The leasing figure is the clearest operating counterweight to the lower analyst target. Gecina said the signed leases represented nearly EUR 91.0 million in annual rents with an average maturity of six years, while two Paris La Défense leases will secure occupancy from 2028.

Three milestones shaped 2026

On April 22, 2026, Gecina reported first-quarter activity with a central-location leasing focus. On July 22, 2026, its half-year update confirmed 2026 guidance and reported net recurring income of EUR 3.43 per share for the first half. On October 14, 2026, Gecina reported 140,000 sq.m of leasing activity and confirmed its full-year range of EUR 6.70 to EUR 6.75 per share through Gecina.

What comes next for earnings?

Bourse Direct listed February 10, 2027, after market close, for Gecina's 2026 results and April 21, 2027, for the General Meeting. The dates matter because the confirmed 2026 guidance now sits alongside Jefferies' lower EUR 75.00 target and a market capitalization of EUR 4.5 billion as of October 20, 2026.

Stock stays below the yearly high

Gecina's EUR 61.20 Lang & Schwarz price remained inside its EUR 58.90 to EUR 83.55 52-week range on October 20, 2026. The operating picture is improving through leasing and occupancy, while the analyst revision highlights valuation pressure in a higher-rate real estate market.

Gecina stock was trading at EUR 61.20 at Lang & Schwarz on October 20, 2026 at 1:04 p.m. CEST, 0.57 percent below the Xetra close of October 19, 2026 at EUR 61.55. The further course of trading is shown by the continuously updated real-time quote of Gecina stock.