PREOPEN CAC 40: 8015 points (-0.55%)
Key actions of the day
Bouygues (EN): No longer expects revenue growth in 2025 despite a +0.9% increase in turnover over 9 months. Net profit reached €675 million, or €735 million excluding exceptional tax.
Rubis (RUI): Confirms its 2025 objectives.
Voltalia (VLTSA): Exceeds 8 GW of capacity in operation thanks to new contracts in Brazil. 2027 target achieved 2 years ahead of schedule.
AXA (CS): Claude Bébéar, emblematic figure and "founding father" of the group, has died at 90 years old.
Renault (RNO): Proposes a 10-year freeze on European rules for small electric vehicles to revive competitiveness.
Capgemini (CAP) & Orano: Present an AI-powered humanoid robot for use in French nuclear facilities.
Esso (ES): Shareholders approve the sale to Canadian group North Atlantic.
Hoffmann Green Cement (ALHGR): Signs a strategic partnership with See You Sun in the field of low-carbon construction.
Forsee Power (FORSE): Will transfer its listing to Euronext Growth Paris.
MaaT Pharma (MAAT): Receives €10.5 million as part of an exclusive agreement with Clinigen for the distribution of Xervyteg (MaaT013) in Europe.
Poxel (POXEL): Finalizes its recovery plan with a shareholders' meeting scheduled for December 11. Debt reduction, capital increase guaranteed by IPF Partners, and fundraising for its Imeglimine, PXL 770, and PXL 065 projects.
Chargeurs (CRI): Q3 organic growth of +2.3%, despite an unfavorable dollar impact. Strong commercial momentum in luxury brands and Museum Studio.
Company results expected today
- Compagnie Chargeurs Invest
- Abeo
- Herige
- Broadpeak
- Transgène
Analyst Recommendations (only)
Upward
Biomérieux (BIM) → AlphaValue/Baader Europe maintains Accumulate, price target raised from €133 to €135
EssilorLuxottica (EL) → Morgan Stanley maintains Overweight, price target raised from €320 to €365
Société Générale (GLE) → Citi stays at Buy, price target raised from €67 to €70
Neutral
Ayvens (AYV) → Jefferies maintains Hold, price target raised from €11.10 to €11.50
L'Oréal (OR) → BNP Paribas maintains Underperform, price target lowered from $82 to $78
Wendel (MF) → Citi stays at Buy, but price target reduced from €111 to €109
Downward
Amundi (AMUN) → Jefferies maintains Accumulate, price target lowered from €80 to €70
Edenred (EDEN) → BNP Paribas stays at Outperform, price target lowered from €40 to €39
SEB S.A. (SK) → AlphaValue/Baader Europe stays at Buy, price target reduced from €90 to €62.80
Stellantis (STLA) → RBC maintains Market Perform, price target reduced from €9 to €8
Icade (ICAD) → Goldman Sachs stays at Sell, price target adjusted from €15.70 to €15.90
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Have a great session everyone!
Sylvain Mouilhaud: Equity Coach.
