Berenberg Bank set a €16.30 ($18.95) price objective on Orange (EPA:ORA) in a report released on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
ORA has been the topic of several other research reports. Jefferies Financial Group set a €16.50 ($19.19) target price on shares of Orange and gave the stock a buy rating in a report on Wednesday, December 4th. UBS Group set a €14.40 ($16.74) price target on shares of Orange and gave the company a neutral rating in a report on Thursday. Deutsche Bank set a €17.00 ($19.77) price target on shares of Orange and gave the company a buy rating in a report on Wednesday, December 4th. Goldman Sachs Group set a €18.00 ($20.93) price target on Orange and gave the company a buy rating in a research report on Wednesday, December 4th. Finally, Morgan Stanley set a €15.50 ($18.02) price objective on Orange and gave the stock a neutral rating in a research note on Monday, October 28th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of €16.43 ($19.11).
EPA ORA opened at €13.59 ($15.80) on Friday. Orange has a 1 year low of €13.31 ($15.48) and a 1 year high of €15.80 ($18.37). The company has a fifty day simple moving average of €14.57 and a 200 day simple moving average of €14.00.
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.
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