100% French Stocks – February 6, 2026

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