This was on a recommended list for dividend stocks and I just started looking at it. On Yahoo I don't see any analysts following. Below someone commented on Sanford Bernstein following. Does anyone know what is predicted for the next twelve months as far as share price? Also long term prognosis as far as buy now, hold etc.
This is a French company. Yahoo doesn't include European analysts who cover the stock, who are numerous. Nobody should buy this stock without doing their own DD and learning about French taxes applied to the ADRs (on transactions and especially dividends).
Analysts that are tracking this stock have a wide variety on price ranges for the stock. Sanford Bernstein has a 7.20 Euro target (I can find the link but I had to translate the article from French to English). That target does not make sense tho. They are a sell side firm so they are shorting it hoping it will hit that price but don't count on it. Jeffries Group has a $15.33 target, Alpha Value has a $25 target (quite high), BNP has a $14 target. But personally, I think $17-$18 is a fair share price. Whether it gets there in a year or not I have no idea, but its been in the $19-$23 just a couple years ago. It can go back there, I think Iliad is to blame for the drastic share price decrease but it has been way overdone at this point. I think this stock is heavily manipulated (quietly).