Orange (EPA:ORA) Given a €16.60 Price Target by Berenberg Bank Analysts

Orange (EPA:ORA) has been assigned a €16.60 ($19.30) price objective by equities research analysts at Berenberg Bank in a report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 12.12% from the stock’s previous close.

ORA has been the topic of several other reports. Goldman Sachs Group set a €18.30 ($21.28) target price on shares of Orange and gave the stock a “buy” rating in a research note on Friday, September 20th. Morgan Stanley set a €16.50 ($19.19) target price on shares of Orange and gave the stock a “neutral” rating in a research note on Thursday, July 18th. Jefferies Financial Group set a €16.50 ($19.19) target price on shares of Orange and gave the stock a “buy” rating in a research note on Thursday, July 25th. Barclays set a €16.00 ($18.60) target price on shares of Orange and gave the stock a “neutral” rating in a research note on Thursday, July 11th. Finally, UBS Group set a €14.40 ($16.74) target price on shares of Orange and gave the stock a “neutral” rating in a research note on Friday, September 13th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €16.34 ($19.00).

Shares of EPA ORA opened at €14.81 ($17.22) on Friday. Orange has a 12-month low of €13.31 ($15.48) and a 12-month high of €15.80 ($18.37). The business’s fifty day moving average is €13.96.

Orange Company Profile

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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Analyst Recommendations for Orange (EPA:ORA)

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