ADVA Optical Networking SE (ETR:ADV) has been given a €5.50 ($6.55) price target by research analysts at Oddo Bhf in a research note issued on Tuesday. The firm presently has a “neutral” rating on the stock.

Several other analysts also recently issued reports on ADV. Oddo Securities set a €12.50 ($14.88) price target on ADVA Optical Networking SE and gave the stock a “buy” rating in a research note on Monday, May 22nd. Hauck & Aufhaeuser set a €12.60 ($15.00) price target on ADVA Optical Networking SE and gave the stock a “buy” rating in a research note on Monday, May 29th. Finally, Deutsche Bank AG set a €9.60 ($11.43) price target on ADVA Optical Networking SE and gave the stock a “neutral” rating in a research note on Monday, June 12th.

Shares of ADVA Optical Networking SE (ADV) opened at 4.781 on Tuesday. ADVA Optical Networking SE has a 52 week low of €4.25 and a 52 week high of €11.05. The firm’s 50-day moving average is €7.14 and its 200-day moving average is €9.15. The stock has a market capitalization of €237.41 million and a price-to-earnings ratio of 8.693.

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About ADVA Optical Networking SE

ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. It offers scalable optical transport solutions, such as FSP 3000 and FSP 3000 CloudConnect; packet edge and aggregation products; and network virtualization products comprising ensemble connectors, ensemble orchestrators, ensemble analytics, ensemble controllers, and ensemble network controllers, as well as FSP 150 ProVMi and FSP 150VMe.

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