Orange (EPA:ORA) Given a €16.50 Price Target at Morgan Stanley
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.
Several other analysts have also weighed in on the company. Goldman Sachs Group reissued a hold rating and issued a $80.00 price objective on shares of Exxon Mobil in a report on Monday, April 29th. Deutsche Bank set a $15.00 price objective on Star Bulk Carriers and gave the company a buy rating in a report on Friday, May 24th. Credit Suisse Group began coverage on LTC Properties in a report on Wednesday, July 10th. They issued an underperform rating and a $19.00 price objective for the company. HSBC set a €231.00 ($268.60) price objective on MTU Aero Engines and gave the company a buy rating in a report on Thursday, May 2nd. Finally, JPMorgan Chase & Co. reissued a hold rating and issued a $7.00 price objective on shares of Deutsche Bank in a report on Thursday, April 25th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average 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 stock 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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