Orange (EPA:ORA) received a €12.50 ($14.71) price target from research analysts at Goldman Sachs Group in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price target would suggest a potential upside of 29.72% from the stock’s previous close.
Other equities research analysts have also issued research reports about the company. UBS Group set a €12.70 ($14.94) price objective on Orange and gave the company a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley set a €11.00 ($12.94) price objective on Orange and gave the company a “sell” rating in a research note on Tuesday, September 1st. Berenberg Bank set a €12.50 ($14.71) price objective on Orange and gave the company a “neutral” rating in a research note on Tuesday, June 16th. JPMorgan Chase & Co. set a €13.00 ($15.29) price objective on Orange and gave the company a “neutral” rating in a research note on Wednesday, September 9th. Finally, Credit Suisse Group set a €13.50 ($15.88) target price on Orange and gave the stock a “buy” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €13.46 ($15.83).
Shares of EPA ORA opened at €9.64 ($11.34) on Tuesday. Orange has a fifty-two week low of €13.31 ($15.66) and a fifty-two week high of €15.80 ($18.59). The business has a 50 day moving average price of €9.74 and a two-hundred day moving average price of €10.68.
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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