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Weekly Trader and Bond Markets 24.11.2025 – ICG, L’Oreal & TotalEnergies

01.12.2025



Opportunities this week:

  • ICG (Overweight PT: €6.50 Upside 14%): Lookahead to Q3 earnings this week (26th November)
  • L’Oreal (Overweight PT €415 Upside 15%): Updating rating from Neutral to Overweight given recent M&A deals and share price decline.  
  • TotalEnergies (Overweight PT: €65 Upside 16%): Lookback on recent updates and maintaining our positive view on the stock.