Tensions explode in the Middle East: Israel strikes Iran, oil surges, CAC 40 plummets!
Markets wake up under extreme tension after a major Israeli raid on Iran's nuclear program. Oil jumps, gold rises, futures plunge. Intense stress sequence this morning on European markets.
Indices: CAC 40 and General Trends
CAC 40: 7,643 points (-1.54%) in pre-opening
Macroeconomic Context:
The Israeli attack on strategic sites in Iran caused a shock to the markets:
- Brent soars +7.5%, up to $75.57 a barrel.
- High demand for gold and Swiss franc.
- US futures deep in red, following a previous session driven by Oracle.
- Asia retreats: Tokyo, Seoul, and Hong Kong -1%, India -0.8%.
Key Stocks of the Day
Aéroports de Paris (ADP): Price target raised to €222 by Insight Investment.
Eiffage (FGR): Target adjusted to €201 with a still positive rating.
Getlink (GET): Double analyst support, targets raised to €20 (GS) and €33.30 (Insight).
Eutelsat (ETL) & OVHcloud (OVH): Rejoin the SBF 120 on June 18.
GL Events (GLO): Confirms signing of the Stade de France contract.
LDLC (ALLDL): Falls into the red with a net loss of €10.9M.
Oeneo (SBT): Positive surprise on profitability despite a tough sector.
Phaxiam (PHXM): Liquidation confirmed, shares worthless.
Company Results Expected Today
No major results expected today.
Analyst Recommendations (French companies only)
Upgraded
ADP (ADP) → Target raised to €222.
Eiffage (FGR) → Target revised to €201.
Getlink (GET) → Target raised to €20 (GS) and €33.30 (Insight).
Vinci (DG) → Target slightly adjusted to €177.
Neutral
Sanofi (SAN) → Maintains Neutral, target lowered to $53.
STMicroelectronics (STM) → Maintains, target revised to €26.
Soitec (SOI) → Changes from Buy to Hold, target reduced to €50.
Downgraded
Soitec (SOI) → Downgrade by Jefferies, target €50.
Your Opinion? Which stocks will you watch today?
Share in the comments and let’s discuss!
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Have a great session, everyone!
Sylvain Mouilhaud – Stock Coach.
