Iliad (OTCMKTS:ILIAF) Rating Lowered to Hold at HSBC

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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.

About Iliad

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.

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Analyst Recommendations for Iliad (OTCMKTS:ILIAF)

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