PREOPEN CAC 40: 7,839 points (+0.53%)
Key stocks of the day
Orange (ORA): The group raises its Ebitdaal target for 2025. Positive signal for investors.
Air Liquide (AI): Strong Q2 results, 2025 outlook confirmed.
Amundi (AMUN): Greater-than-expected inflows in Q2, a nice surprise for the market.
Verallia (VRLA): BWGI now holds 70.3% of share capital after its takeover bid.
Rexel (RXL): Q2 results slightly up, but shares fell 2% on US OTC.
Innate Pharma (IPH): BTIG starts coverage with a Buy recommendation. Present at today's biotech conference.
Abivax (ABVX): Raises $747.5M through a capital increase in the US.
Sensorion (ALSEN): Recruitment completed for cohort 2 of its Audiogene (OTOF gene) trial.
JCDecaux (DEC): Wins exclusive advertising concession at Brussels Airport.
Vinci (DG): Acquires Zimmer & Hälgig in Germany.
Ekinops (EKI): Mixed half-year results but maintains annual targets.
Mauna Kea Technologies (MKEA): Strong US revenue growth, but total revenue down 5% in H1.
Company results expected today
- L'Oréal (OR) – 18:00
- Air Liquide (AI) – 07:20
- Orange (ORA) – 07:30
- Kering (KER)
- Amundi (AMUN)
- GTT (GTT)
- Verallia (VRLA) – 18:45
- Imerys (NK) – 17:45
- TF1 (TFI) – 07:45
- Clariane (CLARI)
- M6 (MMT)
- Crédit Agricole Régions (CRR) – 19:00
- Tarkett (TKTT)
- Compagnie des Alpes (CDA)
- Thermador Groupe (THEP) – 18:00
- Inventiva (IVA)
- SMCP (SMCP)
- Sergeferrari Group (SEFER)
- Paris Realty Fund (PRF)
Analyst recommendations (France only)
Recommendation changes
Upgrades
Carrefour (CA) → Buy maintained by Jefferies, target raised to €14.50
Safran (SAF) → RBC Capital maintains Outperform, target raised to €320
Rexel (RXL) → GS maintains Buy, target raised to €28
Forvia (FRVIA) → BNP Exane maintains Outperform, target €14
Valeo (FR) → AlphaValue maintains "accumulate," target adjusted to €11.20
Neutral
Forvia (FRVIA) → Deutsche Bank upgrades to "hold," target €11
LVMH (MC) → Several downward revisions despite targets maintained
Rexel (RXL) → JP Morgan stays neutral, target €27.50
Forvia (FRVIA) → Oddo maintains neutral, target €12
Downgrades
LVMH (MC) → Baptista Research moves from "buy" to "hold," target cut to €529.70
LVMH (MC) → DBS Bank maintains hold, but target cut to €469
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Have a great trading session, everyone!
Sylvain Mouilhaud: stocks coach.
