Royal Bank of Canada Analysts Give Orange (ORA) a €18.00 Price Target

Orange (EPA:ORA) received a €18.00 ($20.93) target price from research analysts at Royal Bank of Canada in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 28.30% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. set a €17.50 ($20.35) price objective on shares of Orange and gave the company a “buy” rating in a research report on Thursday, July 12th. Deutsche Bank set a €17.50 ($20.35) price objective on shares of Orange and gave the company a “buy” rating in a research report on Tuesday, July 10th. Goldman Sachs Group set a €19.20 ($22.33) price objective on shares of Orange and gave the company a “buy” rating in a research report on Wednesday, June 27th. Morgan Stanley set a €20.50 ($23.84) price objective on shares of Orange and gave the company a “buy” rating in a research report on Monday, September 3rd. Finally, Barclays set a €20.00 ($23.26) price objective on shares of Orange and gave the company a “buy” rating in a research report on Thursday, August 23rd. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of €16.93 ($19.69).

Shares of ORA opened at €14.03 ($16.31) on Thursday. Orange has a one year low of €13.31 ($15.48) and a one year 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. It offers mobile, fixed-line telephony, fixed broadband, business solutions and networks, and carrier services; sells mobile devices, equipment, and accessories; and sells and rents fixed-line equipment.

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