Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. Altice Europe A
  6. News
  7. Summary
    ATC   NL0011333752

ALTICE EUROPE A

(ATC)
End-of-day quote. End-of-day quote Euronext Amsterdam - 01/26
5.34 EUR   -0.07%
06/10Altice Europe Reportedly Seeks Buyers for EUR 6 Billion Portugal Ops
CI
06/10BT : Sells 12% Stake To Patrick Drahi's Altice UK
MT
03/03Vivendi Considering Bidding for Bertelsmann's Stake in M6
MT
SummaryQuotesChartsNewsRatingsCalendarCompany 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

French telecoms stocks fall after Barclays downgrades sector

03/05/2019 | 05:24am EDT
FILE PHOTO - The logo of Barclays bank is seen at its office in the Canary Wharf business district of London

PARIS (Reuters) - French telecom stocks fell on Tuesday after British bank Barclays downgraded the sector.

Altice Europe slumped 5.9 percent, while Iliad fell 3.1 percent as Barclays cut its rating on those stocks to "underweight" and "equal weight" respectively, while Bouygues and Orange shares also retreated as after Barclays cut its price targets on those two stocks.

"After an irrational level of promotions in 2018 that brought market 'ROCE' (return on capital employed) to 5 percent, prolonged market repair is needed to protect the revenue base," wrote Barclays in a note.

"The competitive environment is improving since Q3 2018, yet sustained discipline is uncertain. In-market consolidation is the best option, we believe, but appears unlikely short-term," added Barclays.

(Reporting by Sudip Kar-Gupta, Patrick Vignal and Michal Aleksandrowicz)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
BASE CO., LTD. 0.00% 5150 End-of-day quote.-16.26%
BASE, INC. 1.08% 1214 End-of-day quote.-37.81%
BEST INC. 5.54% 1.38 Delayed Quote.-36.27%
BOUYGUES -0.61% 35.81 Real-time Quote.7.07%
ILIAD 0.00% 182 Real-time Quote.8.27%
ORANGE 0.49% 9.353 Real-time Quote.-4.39%
All news about ALTICE EUROPE A
06/10Altice Europe Reportedly Seeks Buyers for EUR 6 Billion Portugal Ops
CI
06/10BT : Sells 12% Stake To Patrick Drahi's Altice UK
MT
03/03Vivendi Considering Bidding for Bertelsmann's Stake in M6
MT
03/03ALTICE EUROPE N : French Unit SFR To Cut 1,700 Jobs In 2021
MT
03/01MARKET CHATTER : French Phone Companies Start Removing Huawei Wireless Equipment..
MT
02/05Lucerne Capital Files Petition against Altice Europe
CI
01/27ALTICE EUROPE N.V.(ENXTAM : ATC) dropped from FTSE All-World Index
CI
01/27ALTICE EUROPE N.V.(ENXTAM : ATCB) dropped from FTSE All-World Index
CI
01/27ALTICE EUROPE N.V.(ENXTAM : ATCB) dropped from S&P Global BMI Index
CI
01/27ALTICE EUROPE N.V.(ENXTAM : ATC) dropped from S&P Global BMI Index
CI
More news
Analyst Recommendations on ALTICE EUROPE A
More recommendations
Chart ALTICE EUROPE A
Duration : Period :
Altice Europe A Technical Analysis Chart | ATC | NL0011333752 | MarketScreener
Managers and Directors
Patrick Drahi President & Executive Director
Malo Pascal Jean-Pierre Corbin Chief Financial Officer
Jurgen van Breukelen Chairman
Armando Pereira Chief Operating Officer
Thierry Sauvaire Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
ALTICE EUROPE A0.23%7 814
VERIZON COMMUNICATIONS-7.11%225 347
CHARTER COMMUNICATIONS, INC.15.67%140 668
CHINA MOBILE LIMITED7.92%125 482
NIPPON TELEGRAPH AND TELEPHONE CORPORATION22.43%106 728
DEUTSCHE TELEKOM AG16.48%97 213