** Kepler Cheuvreux upgrades French automotive supplier OPMobility OPM.PA to "buy" from "hold", citing a recovery in its Lighting business and resilient hybrid car demand
** The brokerage names the company its "preferred French supplier" amid expectations of a declining global market for light vehicle production (LVP) from 2025
** A progressive recovery in its Lighting division is expected to boost both revenue and profit margins for the group going forward, the broker notes
** Kepler adds that more resilient volumes for Internal Combustion Engine (ICE) and hybrid cars and reduced losses from new energy activities should also improve margins
** Out of 10 analysts that cover Opmobility, five rate the stock "strong buy" or "buy", two rate "hold" and three rate it "strong sell" or "sell" - LSEG data
(Reporting by Dimitri Rhodes)
((Dimitri.Rhodes@thomsonreuters.com;))