Orange (ORA) PT Set at €16.00 by Credit Suisse Group

Orange (EPA:ORA) has been given a €16.00 ($18.60) price target by stock analysts at Credit Suisse Group in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 14.04% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. Royal Bank of Canada set a €18.00 ($20.93) price target on shares of Orange and gave the stock a “buy” rating in a research report on Thursday, July 26th. Goldman Sachs Group set a €19.20 ($22.33) price target on shares of Orange and gave the stock a “buy” rating in a research report on Wednesday, June 27th. Berenberg Bank set a €16.30 ($18.95) price target on shares of Orange and gave the stock a “neutral” rating in a research report on Wednesday, June 20th. JPMorgan Chase & Co. set a €17.50 ($20.35) price target on shares of Orange and gave the stock a “buy” rating in a research report on Monday, July 30th. Finally, Deutsche Bank set a €17.50 ($20.35) price target on shares of Orange and gave the stock a “buy” rating in a research report on Friday, July 27th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of €17.18 ($19.98).

Shares of ORA traded up €0.09 ($0.10) during mid-day trading on Wednesday, reaching €14.03 ($16.31). 13,330,000 shares of the stock traded hands, compared to its average volume of 7,300,000. Orange has a 12-month low of €13.31 ($15.48) and a 12-month high of €15.80 ($18.37).

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. It offers mobile, fixed-line telephony, fixed broadband, business solutions and networks, and carrier services; sells mobile devices, equipment, and accessories; and sells and rents fixed-line equipment.

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Analyst Recommendations for Orange (EPA:ORA)

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