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Iliad: Oddo BHF raises target price

(CercleFinance.com) - On Wednesday morning an analyst at Oddo BHF confirmed a "Buy" rating on the Iliad share, while raising the share's target price, convinced by the presentation of its new box yesterday.


While we were disappointed by the Freebox One, which has now been withdrawn from its catalogue, we consider this box to be a strong tool for leveraging the heavy investments made in fiber; there is no surpise effect there. However, several innovations make it a product that gives Free a competitive edge, the broker says.

Oddo BHF has therefore raised its target price from 180 euros to 210 euros, meaning upside potential of 17%.


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