100% French Stocks – Thursday, November 27, 2025

CAC 40 PREOPEN: 8,100 points (stable)

European markets are stabilizing this Thursday after a strong rebound fueled by hopes of monetary easing in the United States as early as December. Wall Street closed in the green before Thanksgiving, supported by an estimated 82% probability of a rate cut on December 10, according to the CME FedWatch tool. Thus, the CAC 40 should open in a mixed fashion within a technical consolidation area.

Key Stocks of the Day

Rémy Cointreau (RCO): Half-year results declined, but objectives maintained. Revenue down -4.2% organically, operating margin decreased.

Michelin (ML): Closed its Watéa division dedicated to fleet electrification.

Valneva (VLA): Nantes site closed, strategic refocus on Lyon.

LDC (LOUP): H1 results in line with expectations, annual forecasts confirmed.

Trigano (TRI): Annual results down, impacted by the normalization of the leisure vehicle market.

Transgène (TNG): Fundraising of €105 million at €1.02/share.

Eurazeo (RF): Launch of two pan-European evergreen funds accessible to retail investors.

Manitou (MTU): Reorganization of its executive committee.

Transition Evergreen (EGR): Trading suspended due to critical deadlines affecting survival.

Companies Reporting Results Today

Aramis
Precia
Foncière Volta
NamR
Graines Voltz

Analyst Recommendations (French companies only)

Upgrades

ID Logistics (IDL) → Bernstein confirms outperform, target raised to €530 (+€10).

Klépierre (LI) → JP Morgan remains overweight, target raised to €39 (+€1).

Unibail-Rodamco-Westfield (URW) → JP Morgan remains neutral, but target raised to €105 (+€9).

Neutral

Gecina (GFC) → JP Morgan remains neutral, target lowered to €95 (-€9).

Soitec (SOI) → JP Morgan remains neutral, target reduced to €33 (-€7).

Downgrades

Sodexo (SW) → Citi downgrades to neutral, target reduced to €52 (-€9).

Have a great session everyone!
Sylvain Mouilhaud: Stock coach.