CAC 40 PREOPEN: 7,969 points (-0.08%)
Key Stocks of the Day
JCDecaux (DEC): The Amar family and JCDecaux bought back 1.7 million shares (0.9% of the capital) at €14.75 each. Strong signal of management’s confidence.
Eiffage (FGR): €950 million in orders recorded in Germany in H1 2025.
Nicox (COX): Positive results for NCX 470 in phase III against glaucoma. US market launch targeted for H1 2026.
OSE Immunotherapeutics (OSE): New Chief Financial Officer appointed: Thomas Gidoin, a strong profile with experience at GenSight, Advesya, and DBV Technologies.
Cabasse (ALCAB): Capital increase of €89K via debt conversion with Veom Group. Unit price: €0.0422.
Corporate Results Expected Today
- Ramsay Générale de Santé (GDS): Q4 2025 results publication expected (estimate).
Analyst Recommendations (France only)
Upgraded
Société Générale (GLE) → Target raised by Keefe Bruyette & Woods: €65 (vs €62). Outperform rating maintained.
Safran (SAF) → Bernstein raises target from €320 to €370, rating maintained at Market Perform.
Neutral
ArcelorMittal (MT) → Zacks stays Neutral with adjusted target from €35 to €36.
ASM International (ASMI) → Barclays keeps Overweight, target lowered to €550 (vs €580).
Kion Group (KGX) → Oddo BHF stays Neutral, target raised from €46 to €61.
Downgraded
BNP Paribas (BNP) → Downgrade by KBW: lowered from Market Perform to Underperform, target €89.
Crédit Agricole (ACA) → KBW downgrades to Underperform, target reduced from €19.50 to €18.
Receive this summary every morning before the market opens—sign up to get our pre-market summary every day and never miss an opportunity!
Sign up here
Have a great trading day!
Sylvain Mouilhaud: Equity coach.
