PREOPEN CAC 40: 8,085 points (-0.41%)
Key stocks of the day
Airbus (AIR): The group has temporarily grounded 6,000 A320s due to a software bug. Problem is being resolved, but the stock lost 5% after-hours.
Renault (RNO), Stellantis (STLA), Tesla: Light vehicle registrations in France rose by +0.3% in November. Renault climbed, Stellantis dipped, Tesla plummeted by -58%.
Axa (CS): Completes takeover of Italian insurer Prima.
Vivendi (VIV): The Court of Cassation rules in favor of Vincent Bolloré in the group’s demerger case. The case returns to appeal.
Vallourec (VK): Appoints Nathalie Delbreuve as Chief Financial Officer.
Bit Digital: Acquires Financière Marjos to transform it into a Crypto Treasury Company.
Dekuple (ALDEK): 9-month 2025 revenue up +12.7% to €175.1M, with a Q3 acceleration to +13.6%. Net income up +7.6% to €130.9M, driven by digital marketing.
Eduform'action (ALQEC): Raises €0.46M through a share capital increase by issuing ABSA.
Company results expected today
- Laurent-Perrier (LPE)
- Signaux Girod (GIROD)
- Bleecker (BLEE)
Analyst recommendations (French stocks only)
Upgrades
Air France-KLM (AF) → JP Morgan upgrades from Neutral to Overweight, target price raised from €8 to €14
Air Liquide (AI) → TD Cowen maintains Buy, target raised from €205 to €210
Neutral
TotalEnergies (TTE) → HSBC downgrades from Buy to Hold, target €60
Vivendi (VIV) → JP Morgan maintains Overweight, target cut from €3 to €2.90
Downgrades
(no French stocks concerned today)
Have a good session everyone!
Sylvain Mouilhaud – Stock coach
