France Telecom SA Given “Buy” Rating at Societe Generale (FTE)

Societe Generale reiterated their buy rating on shares of France Telecom SA (EPA: FTE) in a research note released on Monday morning, Stock Ratings Network.com reports. They currently have a €9.50 ($12.34) target price on the stock.

Shares of France Telecom SA (EPA: FTE) traded down 1.33% during mid-day trading on Monday, hitting €7.658. France Telecom SA has a one year low of €7.203 and a one year high of €11.58. The stock’s 50-day moving average is currently €9.86. The company has a market cap of €20.121 billion and a P/E ratio of 25.04.

FTE has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a buy rating on shares of France Telecom SA in a research note to investors on Thursday, May 16th. They now have a €15.60 ($20.26) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of France Telecom SA in a research note to investors on Tuesday, May 7th. They now have a €8.00 ($10.39) price target on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of France Telecom SA in a research note to investors on Friday, April 26th. They now have a €9.20 ($11.95) price target on the stock.

Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of €10.64 ($13.82).

France Telecom SA (EPA: FTE) is a France-based European mobile operator, Internet access provider, and telecommunications services provider for multinational businesses under the Orange brand.

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