Goldman Sachs Group Reiterates “€18.30” Price Target for Orange (EPA:ORA)

Goldman Sachs Group set a €18.30 ($21.28) target price on Orange (EPA:ORA) in a report released on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. Berenberg Bank set a €16.80 ($19.53) price target on shares of Orange and gave the company a buy rating in a report on Monday, September 2nd. Morgan Stanley set a €16.50 ($19.19) price target on shares of Orange and gave the company a neutral rating in a report on Thursday, July 18th. UBS Group set a €14.40 ($16.74) price target on shares of Orange and gave the company a neutral rating in a report on Friday, September 13th. Barclays set a €16.00 ($18.60) price target on shares of Orange and gave the company a neutral rating in a report on Thursday, July 11th. Finally, Credit Suisse Group set a €16.00 ($18.60) target price on shares of Orange and gave the company a buy rating in a research note on Friday, September 13th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Orange has a consensus rating of Buy and a consensus target price of €16.36 ($19.02).

EPA ORA opened at €14.25 ($16.57) on Friday. Orange has a twelve month low of €13.31 ($15.48) and a twelve month high of €15.80 ($18.37). The company’s 50 day moving average price is €13.56.

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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