STIFEL EUROPE Upgrades Eutelsat Communications S.A. – Depositary Receipt to Hold from Sell
Fintel reports that on September 17, 2026, STIFEL EUROPE upgraded their outlook for Eutelsat Communications S.A. – Depositary Receipt (OTCPK:ETCMY) (HMSE:E3B0) from Sell to Hold.
Prior to this upgrade, STIFEL EUROPE maintained its rating of Sell on May 12, 2026. Eutelsat Communications is a leading satellite operator based in Paris, France. It operates in the telecommunications industry, primarily providing satellite-based video, business, and broadband services. Eutelsat’s portfolio includes over 50 satellites, reaching customers across Europe, Africa, Asia, and the Americas.
Separately, the consensus target price for the company has adjusted. On June 8, 2026, the current consensus target mean was reported at $0.68, with a current consensus target median of $0.73. This reflects a consensus target revision percent of -43.03% from the prior consensus target mean of $1.19, which was recorded on February 26, 2026.
In terms of broader analyst sentiment, the current recommendation period as of September 1, 2026, shows a current recommendation total of 15. The breakdown of these recommendations includes 0 strong buy, 0 buy, 11 hold, 3 sell, and 1 strong sell. This results in a current recommendation positive percent of 0.0%, a current recommendation hold percent of 73.3%, and a current recommendation negative percent of 26.7%. These figures match the prior recommendation period of August 1, 2026, which also had a prior recommendation total of 15, with 0 strong buy, 0 buy, 11 hold, 3 sell, and 1 strong sell recommendations, translating to a prior recommendation positive percent of 0.0%, a hold percent of 73.3%, and a negative percent of 26.7%.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 17, 2026 | STIFEL EUROPE | Sell | Hold | upgrade |
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This story originally appeared on Fintel.
