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analyst coverage

       
disclaimer: the list below includes names and ratings from financial analysts who, on the knowledge of France Telecom, are following the group and publishing research notes on the group. France Telecom cannot guarantee the exhaustivity of this list, which is subject to modifications.
The indicated ratings and price targets do not reflect France Telecom opinion and the group disclaims all responsibility for that information.
update: 10/11/2011    
       
bank financial analyst recommandation price target (€)
 

Arete Research Will MILNER neutral 13,2

Bank of America Merrill Lynch Emmet KELLY neutral 15

Barclays Capital Jonathan DANN equal weight
13

Berenberg Bank Stuart GORDON buy 14

CAI Cheuvreux Giovanni MONTALTI underperform 11,5

Citigroup Dimitri KALLIANIOTIS hold 12

CM CIC Securities Benjamin ROUSSEAU add 17,5

Crédit Suisse Jacob BLUESTONE neutral 15.5

Deutsche Bank Matthew BLOXHAM hold 15,8

Exane BNP Paribas Antoine PRADAYROL outperform 15,5

Execution Noble Will DRAPER buy 21

Goldman Sachs International Andrew LEE sell 12,3

HSBC Nicolas COTE-COLISSON overweight 15,3

ING
Jefferey VONK hold
13,6

Investec Securities

Morten SINGLETON

hold
13,9

Jefferies International Ltd Jerry DELLIS hold 13,7

JP Morgan Cazenove Hannes WITTIG neutral 13,5

Kepler Research Javier BORRACHERO hold
16

Macquarie Guy PEDDY underperform 14

MF Global Noel CULHANE sell
18,5

Morgan Stanley Nick DELFAS
equal-weight 15,5

Natixis Benoit MAYNARD buy
19,1

New Street Research Russel WALLER neutral 16,4

Nomura International Frederic BOULAN
neutral
15,6

Oddo Securities Alexandre IATRIDES
neutral 14,5

Raymond James Stéphane BEYAZIAN neutral 20

RBS Kevin YATES sell
13,0

Sanford C. Bernstein & Co Robin BIENENSTOCK market-perform 14,5

Santander Stéphane SCHLATTER hold 17,5

Société Générale Thierry COTA hold
14

UBS Nick LYALL sell
11,5

Unicredit Thomas FRIEDRICH neutral
14

WestLB  Tarkan CINAR
 add    16,8
NB: "-" means that the group has not received any research note from the last 6 months
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