Morgan Stanley set a €16.50 ($19.19) price objective on Orange (EPA:ORA) in a report published on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
ORA has been the subject of several other research reports. Barclays set a $5.00 price target on shares of Amneal Pharmaceuticals and gave the company a hold rating in a report on Thursday, July 11th. Goldman Sachs Group restated a hold rating and issued a $80.00 price target on shares of Exxon Mobil in a report on Monday, April 29th. Berenberg Bank set a €14.00 ($16.28) price target on shares of Suedzucker and gave the company a neutral rating in a report on Wednesday, July 17th. JPMorgan Chase & Co. restated a hold rating and issued a $7.00 price target on shares of Deutsche Bank in a report on Thursday, April 25th. Finally, Credit Suisse Group began coverage on shares of LTC Properties in a report on Wednesday, July 10th. They issued an underperform rating and a $19.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €16.46 ($19.14).
EPA:ORA opened at €13.23 ($15.38) on Thursday. Orange has a one year low of €13.31 ($15.48) and a one year high of €15.80 ($18.37). The firm has a 50-day simple moving average of €13.79.
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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