
100% French Stocks – Wednesday, October 22, 2025
100% French Stocks – Wednesday, October 22, 2025
CAC 40 PREOPEN: 8,211 points (-0.60%)
Key Stocks of the Day
L'Oréal (OR): Q3 sales up but below expectations, hit by weak demand in North America.
Worldline (WLN): Q3 revenue above expectations, but 2025 guidance tightened; analysts remain cautious.
Vivendi (VIV): Q3 sales down 0.9% to €68 million, mixed results.
Eutelsat (ETL): Q1 revenue down 1.2%, below expectations despite strong public sector demand.
OPmobility (OPM): Q3 reported economic sales down 1% but organic growth up 2.6%; 2025 targets confirmed.
Eiffage (FGR): APRR quarterly sales up 2.8% to €925.9 million, strong momentum.
Ipsen (IPN): Q3 growth of +13.7%; announced acquisition of ImCheck Therapeutics in immuno-oncology.
Airbus (AIR): New A320neo assembly line in China; ongoing talks with Thales about space merger.
Drone Volt (ALDRV): Successful demining missions in Ukraine with Hercules 20.
Mint (MLMNT): H1 sales up 30% to €44.8 million, net income significantly improved to €3.4 million.
Kering (PRTP): Target: debt reduction after selling beauty division; relaunching key brands.
Today's Expected Corporate Results
Before Market Open
- Ipsen (IPN) – 07:00
- OPmobility (OPM) – 07:00
- Hermès (RMS) – 08:00
After Market Close
- Kering (PRTP)
- Klépierre (LI)
- VusionGroup (ALVUS)
- Icade (ICAD)
- Voltalia (VLTSA)
- Amplitude Surgical (AMPLI)
- Verimatrix (VMX)
- Bastide Le Confort Médical (BLC)
Special Times
- Michelin (ML) – 17:45
- FNAC Darty (FNAC) – 17:45
- Covivio (COV) – 18:00
- Covivio Hotels (COVH) – 18:00
- Verallia (VRLA) – 18:45
Analyst Recommendations
Recommendation Changes
Upgrades
LVMH (MC) → Citi maintains Buy, target raised to €699.
Vivendi (VIV) → Barclays remains Overweight, target raised to €3.90.
Virbac (VIRP) → AlphaValue upgrades to Accumulate, target at €426.
Edenred (EDEN) → Goldman Sachs maintains Buy, target raised to €39.
Neutral
Eurofins Scientific (ERF) → Citi remains Neutral, target lowered to €63.50.
FDJ (FDJ) → Citi maintains Neutral, target lowered to €27.50.
Wendel (MF) → Citi remains Buy, target lowered to €111.
L’Oréal (OR) → AlphaValue remains Reduce, target raised to €408.
Downgrades
Kering (PRTP) → AlphaValue maintains "Reduce", target at €347.
Worldline (WLN) → Barclays and JPMorgan cut targets to €2.60 and €2.50, Neutral recommendation.
OVH (OVH) → Morgan Stanley remains Underweight, target slashed to €9.05.
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Have a great trading session!
Sylvain Mouilhaud – Stock Coach.