Orange shares down as Morgan Stanley cuts rating amid French market struggles By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
0mins
Should l Buy ?
Source: Investing.com
Orange SA Downgrade: Shares of Orange SA fell over 2% after Morgan Stanley downgraded its rating due to concerns about the company's struggling operations in France, which represent a significant portion of its value, and projected declines in EBITDAaL growth from 2024 to 2026.
Competitive Pressures: The French telecom market is experiencing increased competition, particularly from rivals offering aggressive pricing strategies, which are expected to negatively impact Orange's profitability and average revenue per user, while political and regulatory hurdles hinder potential consolidation efforts.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
