Credit Suisse Group Reiterates “€16.00” Price Target for Orange (EPA:ORA)

Credit Suisse Group set a €16.00 ($18.60) price target on Orange (EPA:ORA) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Barclays reaffirmed a sell rating on shares of Royal Bank of Canada in a research note on Thursday, May 23rd. HSBC set a €231.00 ($268.60) price target on shares of MTU Aero Engines and gave the stock a buy rating in a research note on Thursday, May 2nd. Morgan Stanley set a $14.00 price target on shares of Secureworks and gave the stock a hold rating in a research note on Thursday, June 6th. JPMorgan Chase & Co. reiterated a hold rating and set a $7.00 target price on shares of Deutsche Bank in a report on Thursday, April 25th. Finally, Goldman Sachs Group reiterated a hold rating and set a $80.00 target price on shares of Exxon Mobil in a report on Monday, April 29th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of €16.48 ($19.16).

ORA stock opened at €13.41 ($15.59) on Wednesday. Orange has a 12 month low of €13.31 ($15.48) and a 12 month high of €15.80 ($18.37). The business has a 50-day moving average of €13.88.

About Orange

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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