100% French Stocks – Tuesday, November 12, 2025

CAC 40 PREOPEN: 8,184 points (+0.31%)

Key Stocks of the Day

LVMH (MC): According to La Lettre, Luca de Meo could have headed the group before joining Kering. LVMH also takes a stake in Manufacture La Joux-Perret (Swiss watchmaking).

SPIE (SPIE): Acquisition of the German company PIK, a specialist in professional audiovisual systems.

Pluxee (formerly Sodexo Benefits): Contests new Brazilian government measures on the PAT program, considering legal action. Edenred potentially impacted.

Hoffmann Green Cement (ALHGR): Signed a distribution partnership with Matériaux Travaux Publics.

DBV Technologies (DBV): Last patient’s last visit in the phase III trial of the Viaskin Peanut patch (peanut allergy).

Adocia (ADOC): Filed a patent for a new extended-release peptide platform to treat diabetes and obesity.

Abionyx (ABNX): Advanced talks for a strategic partnership with IHU SEPSIS.

VIEL & Cie (VIL): Consolidated revenue up 8.2% over 9 months to €951.9M, +10.1% at constant rate. Q3 2025: +10.7% at constant rate.

Corporate Results Expected Today

No major results expected today for listed French stocks.

Analyst Recommendations

Upward

LVMH (MC) → HSBC maintains at Buy, price target raised from €625 to €725.

LVMH (MC) → TD Cowen stays at Hold, price target raised from €550 to €685.

Safran (SAF) → Barclays maintains at Overweight, price target raised from €320 to €330.

Neutral

Euronext (ENX) → Goldman Sachs upgrades from Sell to Neutral, price target adjusted from €123 to €126.

Downward

Solvay (SOLB) → Barclays remains at Underweight, price target cut from €30 to €23.

Have a good trading session, everyone!
Sylvain Mouilhaud: Equities coach.