Berenberg Bank Analysts Give Orange (EPA:ORA) a €16.80 Price Target

Berenberg Bank set a €16.80 ($19.53) price objective on Orange (EPA:ORA) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other analysts have also recently commented on ORA. Goldman Sachs Group restated a hold rating and issued a $80.00 price target on shares of Exxon Mobil in a research report on Monday, April 29th. Morgan Stanley set a $14.00 price target on Secureworks and gave the stock a hold rating in a research report on Thursday, June 6th. HSBC set a €231.00 ($268.60) price target on MTU Aero Engines and gave the stock a buy rating in a research report on Thursday, May 2nd. Credit Suisse Group initiated coverage on LTC Properties in a research report on Wednesday, July 10th. They set an underperform rating and a $19.00 target price for the company. Finally, Deutsche Bank set a $15.00 target price on Star Bulk Carriers and gave the stock a buy rating in a research report on Friday, May 24th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of €16.46 ($19.14).

Shares of ORA opened at €13.23 ($15.38) on Wednesday. The stock has a 50-day moving average of €13.79. Orange has a 52 week low of €13.31 ($15.48) and a 52 week high of €15.80 ($18.37).

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.

Further Reading: Equal Weight Rating

Analyst Recommendations for Orange (EPA:ORA)

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