PREOPEN CAC 40
8,220 points (-0.10%)
Key Stocks of the Day
Société Générale (GLE)
The bank posts a record annual profit and implements a generous shareholder return policy. Positive signal for financial strength and capital generation capacity.
Vinci (DG)
Very strong 2025 with a record free cash flow. High visibility in concessions and a favorable dynamic in construction.
Aperam (APAM)
The group is targeting an increase in Q1 2026 EBITDA, despite a decline year-on-year. Caution is advised regarding the expected rise in net debt linked to seasonal working capital needs.
Stellantis (STLAM)
Q4 2025 billings up +9% year-on-year, driven by North America (+43%). Europe remains under pressure with a decline of -4%.
Danone (BN)
Widening of infant milk recalls in France and Europe. Short-term reputation and media impact to monitor.
GTT (GTT)
Signed a contract for two LNG carrier tanks in China, strengthening the order book's visibility.
X-Fab (XFAB)
Q1 revenue target between $190–200 million. Automotive, industrial, and medical markets account for 94% of sales.
Coty
Slight increase in revenue but expected margin pressure in Q3 (-200 to -300 bps). Adjusted Q3 EBITDA expected between $100–110 million.
Today’s Earnings Calendar
- Equasens
- Guerbet
- Akwel
- Bassac
- NRJ Group
- Intrasense
- Wallix
Analyst Recommendations
French companies only
Upgrades
- BNP Paribas (BNP)
Citi maintains Buy, target raised to €103
UBS maintains Buy, target raised to €109 - Vinci (DG)
Jefferies maintains Buy, target raised from €138 to €143 - Rexel (RXL)
Citi maintains Buy, target raised from €38 to €43 - Soitec (SOI)
Deutsche Bank maintains Buy, target raised from €40 to €44
Neutral
- Air France-KLM (AF)
Oddo BHF maintains Neutral, target raised from €12 to €14 - Gecina (GFC)
Citi maintains Buy, target slightly lowered from €122 to €118 - Sartorius Stedim Biotech (DIM)
Nephron Research maintains Buy, target adjusted to €247
Watchlist
- Danone (BN)
Negative short-term news due to product recalls, with no change in recommendation at this time.
Have a great session, everyone!
Sylvain Mouilhaud – Stock Coach
