UBS Group Reiterates €14.40 Price Target for Orange (EPA:ORA)

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Orange (EPA:ORA) has been assigned a €14.40 ($16.74) target price by investment analysts at UBS Group in a research report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 10.81% from the company’s previous close.

A number of other research firms also recently weighed in on ORA. Jefferies Financial Group set a €16.50 ($19.19) target price on shares of Orange and gave the company a “buy” rating in a research report on Wednesday, December 4th. Berenberg Bank set a €16.30 ($18.95) target price on shares of Orange and gave the company a “buy” rating in a research report on Friday, December 6th. Morgan Stanley set a €15.50 ($18.02) target price on shares of Orange and gave the company a “neutral” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. set a €14.70 ($17.09) target price on shares of Orange and gave the company a “neutral” rating in a research report on Monday, December 9th. Finally, Barclays set a €14.00 ($16.28) target price on shares of Orange and gave the company a “neutral” rating in a research report on Tuesday. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of €16.20 ($18.84).

Orange stock opened at €13.00 ($15.11) on Wednesday. Orange has a 1-year low of €13.31 ($15.48) and a 1-year high of €15.80 ($18.37). The company has a fifty day simple moving average of €13.62 and a 200 day simple moving average of €13.89.

About Orange

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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