The purchase of Cyan puts pressure on the shares.
On Friday, T-Technologies shares fell 1.1% to 272.06 rubles, despite the growth in the market. The reason for the sales was the news of plans to purchase up to 100% of Sian's shares at a premium of almost 30% to the market. The deal is expected to close in the first quarter of 2027 without another offering.
Since the beginning of October, the securities have traded sideways at a price of 266.7–278.9 rubles. According to the BCS technical assessment, there are still no clear signals to break out of this range. The main support zone is 263.7–266.7 rubles: even with a drop to it, analysts see high chances for a rebound.
The short-term picture is modestly negative, but on the horizon for the year, the BCS recommendation is "Buy", the target is 360 rubles.
What do you do with T-Technology shares?
- I hold on, I trust long-term growth.
- I'm waiting for a drop in buying support.
- I'm watching, I want more details about the deal.