Eiffage share: New 10-year high – what's driving the construction giant?

Eiffage shares have just reached a new 10-year high – despite a slight correction, the French construction group remains on track for success. But what's driving the stock so strongly at the moment? A major contract and solid fundamentals seem to provide the answer.

Formula 1 coup fuels upward trend

Should investors sell immediately? Or is it still worth investing in Eiffage ?

Eiffage, together with a consortium, has secured the prestigious contract to build the new Formula 1 racetrack in Madrid. With a contract value of €83.2 million, the project not only underscores the company's expertise in the infrastructure sector but also provides concrete growth impetus.

Strategic success: The project consolidates Eiffage's position in major contracts
Industry expertise: Proven strength in high-performance construction
Financial impact: noticeable sales support through the multi-million project

Fundamental strength meets ESG charm

In addition to its operational success, Eiffage boasts solid fundamentals and an excellent MSCI ESG score of AA. This combination makes the stock particularly attractive for sustainability-oriented investors—a factor that should not be underestimated in the current market environment.

Technical picture: Upward momentum intact

Despite slight profit-taking after the record high, the chart technique continues to show clear strength:

The share is trading at 116.80 euros, just slightly below its all-time high
Since the beginning of the year, it has already increased by almost 40%
The RSI of 70.6 signals short-term overheating, but confirms the strong momentum

Can Eiffage continue its positive development? The mix of lucrative large-scale projects, a solid financial base, and ESG qualities certainly speaks volumes. For long-term value investors, the French construction giant remains an exciting option—even if some downside could be possible in the short term after its recent highs.

Eiffage shares: Buy or sell?! New Eiffage analysis from April 29 provides the answer:

The latest Eiffage figures speak for themselves: Eiffage shareholders urgently need to take action. Is it worth buying, or should you sell? Find out what to do now in the current free analysis from April 29.