Exane BNP Paribas

Exane BNP Paribas downgrades Numericable-SFR on Bouygues concerns

The acquisition of Bouygues Telecom by Numericable-SFR, which is widely expected by investors in France, could be less attractive than anticipated, according to analysts at Exane BNP Paribas. In a note reported in the French press, Exane BNP Paribas has downgraded its rating of Numericable-SFR from neutral to underperform on the basis that an acquisition […]

Numericable best placed to benefit from consolidation, say analysts

Exane BNP Paribas has raised its target for French cable operator Numericable and upped its recommendation on the company’s stock from neutral to outperform.  In a note entitled ‘All’s well that merges well’, the bank’s analysts set a target of €50 for Numericable stock, up from €34. According to Exane BNP Paribas, the fusion of […]