Orange (EPA:ORA) has been assigned a €17.00 ($19.77) price objective by equities research analysts at Deutsche Bank in a report issued on Friday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 27.39% from the company’s previous close.
A number of other equities research analysts have also weighed in on the company. Goldman Sachs Group set a €15.00 ($17.44) price target on Orange and gave the stock a “neutral” rating in a research note on Thursday. Berenberg Bank set a €14.30 ($16.63) target price on Orange and gave the stock a “neutral” rating in a report on Tuesday, February 4th. Jefferies Financial Group set a €15.50 ($18.02) target price on Orange and gave the stock a “buy” rating in a report on Thursday. Barclays set a €14.00 ($16.28) price target on Orange and gave the company a “neutral” rating in a report on Tuesday, January 14th. Finally, Credit Suisse Group set a €16.00 ($18.60) price target on Orange and gave the company a “buy” rating in a report on Wednesday, October 30th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of €15.58 ($18.12).
ORA opened at €13.35 ($15.52) on Friday. Orange has a 1 year low of €13.31 ($15.48) and a 1 year high of €15.80 ($18.37). The business’s 50-day moving average is €13.02 and its two-hundred day moving average is €13.76.
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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