Iliad: a buyer, Oddo notes a (beneficial) questioning

(CercleFinance.com) - After a meeting with Iliad's management, when it reviewed the group's commercial strategy, an analyst at Oddo BHF said that he is maintaining his “buy” rating on the Iliad stock, pointing out a life-saving questioning.


The group has detailed a stabilisation of its fixed and mobile net adds in July/August. Indeed, major back-to-school special offers in mobile
telephony will have an impact. The broker left this road show convinced
about 3 out of the 4 group's major projects (it is positive regarding
fixed telephony in France, Ftth and Italy, although believes that the
situation will remain uncertain in mobile telephony.

The analyst confirms his target price of 300 euros for the share.

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