PREOPEN CAC 40: 8,146 pts (+0.15%)
Key stocks of the day
Airbus (AIR): The group posts a strong record with 536 net orders and 392 helicopter deliveries in 2025. A positive signal for the aerospace sector.
Ubisoft (UBI): Considering cutting up to 200 jobs at its headquarters in France as part of a restructuring.
ID Logistics (IDL): Reports a +14.2% revenue growth in 2025, confirming its momentum in contract logistics.
OVHcloud (OVH): Wins the European contract for the OCRE project, strengthening its strategic position in sovereign cloud.
Drone Volt (ALDRV): Signs a strategic contract with Phoenix Tower, as part of a partnership around high-resolution image capture.
Vergnet (ALVER): Listing suspended following the announcement of a forthcoming judicial liquidation.
Mauna Kea Technologies (MKEA): Allinvest launches coverage with a Buy rating and a target price of €0.20 (+54% upside potential).
Omer-Decugis & Cie (unlisted): Strong start to the fiscal year with Q1 revenue up +19.4% to €89.7m.
Results calendar for the day
- LVMH (5:45pm)
- Lumibird
- SergeFerrari
- Aramis
- Memscap
- Acteos
- Invibes
Analyst recommendations (France only)
Upgrades
Crédit Agricole (ACA) → UBS maintains at buy, target raised to €20.40 (vs €18).
ID Logistics (IDL) → UBS remains at buy, target raised to €510 (vs €505).
Société Générale (GLE) → UBS maintains buy, target increased to €80 (vs €70).
Mauna Kea Technologies (MKEA) → Allinvest starts with Buy, target €0.20 (+54% potential).
Neutral
Aperam (APAM) → Jefferies stays at hold, target raised to €37 (vs €33).
Kering (KER) → DBS Bank maintains hold, target raised to €226 (vs €164).
LVMH (MC) → DBS Bank remains at hold, target raised to €528 (vs €469).
Unibail-Rodamco-Westfield (URW) → UBS stays neutral, target raised to €98 (vs €91).
Downgrades
Gecina (GFC) → UBS remains at buy, but target lowered to €90 (vs €112).
Klépierre (LI) → UBS maintains sell, but target slightly raised to €30.50 (vs €26.10).
Have a great trading session everyone!
Sylvain Mouilhaud – Equity Coach
