EssilorLuxottica stock falls as Kepler cuts target after steep 2026 slide

Published on 09/20/2026 at 19:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EssilorLuxottica stock closed at EUR 138.70 on Euronext Paris on September 19, 2026, after Kepler Cheuvreux cut its target to EUR 135 from EUR 244 and lowered its rating to Reduce. The shares now trade near a 52-week low of EUR 138.00 and roughly 49 percent below their level at the start of 2026.

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EssilorLuxottica stock (ISIN FR0000121667) ended trading at EUR 138.70 on Euronext Paris on September 19, 2026, after a sharp reset of expectations from Kepler Cheuvreux, which cut its price target to EUR 135 from EUR 244 and lowered its rating to Reduce.

Kepler’s downgrade sharpens focus on valuation

According to Ad-hoc-news, Kepler Cheuvreux reduced its target price for EssilorLuxottica to EUR 135 from EUR 244 on September 19, 2026, implying a cut of 44.7 percent in the broker’s valuation range and moving the stock to a Reduce rating.

The same report notes that the shares touched a 52-week low of EUR 138.00 in the latest session and closed at EUR 138.70, leaving the closing price just EUR 0.70, or about 0.5 percent, above the recent low.Ad-hoc-news

Stock trades far below early-2026 levels

Per a separate overview cited by Ad-hoc-news, EssilorLuxottica stock has lost around 49 percent in value since the start of 2026, underlining how investor sentiment has weakened markedly over the year.

On September 10, 2026, EssilorLuxottica shares were quoted at EUR 145.85 on Euronext Paris, with a market capitalization of EUR 68.44 billion and trading volume of 864,157 shares that day, according to the same quote page.Ad-hoc-news

Comparing these two dates, the price fell from EUR 145.85 on September 10, 2026, to EUR 138.70 on September 19, 2026, a decline of EUR 7.15 or about 4.9 percent over nine days, while the stock moved from above to essentially at its 52-week low.

Stock hovers near 52-week low on Euronext Paris

EssilorLuxottica’s primary listing is on Euronext Paris under the ticker EL, where the latest closing price of EUR 138.70 on September 19, 2026, stands only slightly above the 52-week low of EUR 138.00 that was recorded during the same session, according to Ad-hoc-news.

For investors, the combination of a broker target now set below the current market price and a share level near the 52-week low highlights how cautious the market has become on the stock despite the group’s global position in eyewear and lenses.

EssilorLuxottica stock price and key metrics

EssilorLuxottica stock closed at EUR 138.70 on Euronext Paris on September 19, 2026, in its home market currency, with the price sitting just above the 52-week low of EUR 138.00 that same day.