Morgan Stanley set a €16.50 ($19.19) price target on Orange (EPA:ORA) in a research note released on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed a hold rating and issued a $7.00 price objective on shares of Deutsche Bank in a research report on Thursday, April 25th. HSBC set a €231.00 ($268.60) price objective on MTU Aero Engines and gave the company a buy rating in a research report on Thursday, May 2nd. Goldman Sachs Group reaffirmed a hold rating and issued a $80.00 price objective on shares of Exxon Mobil in a research report on Monday, April 29th. Credit Suisse Group began coverage on LTC Properties in a research report on Wednesday, July 10th. They issued an underperform rating and a $19.00 price objective for the company. Finally, Barclays set a $5.00 price objective on Amneal Pharmaceuticals and gave the company a hold rating in a research report on Thursday, July 11th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of €16.46 ($19.14).
Orange stock opened at €13.23 ($15.38) on Thursday. The business’s fifty day moving average is €13.79. Orange has a fifty-two week low of €13.31 ($15.48) and a fifty-two week high of €15.80 ($18.37).
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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