Orange (EPA:ORA) Given a €15.50 Price Target by Jefferies Financial Group Analysts

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Orange (EPA:ORA) has been given a €15.50 ($18.02) price objective by equities research analysts at Jefferies Financial Group in a report issued on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 16.02% from the stock’s previous close.

A number of other brokerages have also recently issued reports on ORA. Deutsche Bank set a €17.00 ($19.77) price objective on Orange and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Goldman Sachs Group set a €15.00 ($17.44) price objective on Orange and gave the stock a “neutral” rating in a research note on Thursday. Berenberg Bank set a €14.30 ($16.63) price objective on Orange and gave the stock a “neutral” rating in a research note on Tuesday, February 4th. Credit Suisse Group set a €16.00 ($18.60) price objective on Orange and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. set a €14.70 ($17.09) price objective on Orange and gave the stock a “neutral” rating in a research note on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of €15.58 ($18.12).

EPA ORA opened at €13.36 ($15.53) on Thursday. The stock’s 50 day moving average price is €13.02 and its two-hundred day moving average price is €13.76. Orange has a 52 week low of €13.31 ($15.48) and a 52 week high of €15.80 ($18.37).

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.

Further Reading: How Do You Calculate Return on Equity (ROE)?

Analyst Recommendations for Orange (EPA:ORA)

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