Iliad (OTCMKTS:ILIAF) was downgraded by HSBC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, The Fly reports. The analysts noted that the move was a valuation call.
Other equities analysts have also issued reports about the company. Barclays reaffirmed an “overweight” rating on shares of Iliad in a research note on Friday, June 26th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Iliad in a research report on Wednesday, July 1st. Bank of America raised shares of Iliad from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Iliad in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Iliad currently has a consensus rating of “Buy”.
Shares of OTCMKTS ILIAF opened at $197.50 on Wednesday. The stock’s 50 day moving average price is $169.49 and its two-hundred day moving average price is $141.75. Iliad has a 52-week low of $127.20 and a 52-week high of $197.50.
Iliad SA provides retail telecommunication services in France. It offers its subscribers the Internet access solutions under the Free and Alice brands; telephony services; television services with 600 channels; and value added services comprising catch-up TV and video on demand, and video games, as well as subscription to pay-TV packages and channels consisting of Canal+, beIN Sports, etc.
Featured Story: Google Finance Portfolio
Receive News & Ratings for Iliad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iliad and related companies with MarketBeat.com's FREE daily email newsletter.