Berenberg Bank Remains a Buy on Orange SA (ORAN)


Berenberg Bank analyst Abhilash Mohapatra maintained a Buy rating on Orange SA (ORAN) yesterday and set a price target of EUR16.30. The company’s shares closed last Monday at $16.31.

Mohapatra has an average return of 5.0% when recommending Orange SA.

According to TipRanks.com, Mohapatra is ranked #3408 out of 5681 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Orange SA with a $17.99 average price target, representing a 10.4% upside. In a report issued on November 5, Merrill Lynch also reiterated a Buy rating on the stock with a EUR18.00 price target.

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The company has a one-year high of $17.06 and a one-year low of $14.57. Currently, Orange SA has an average volume of 379.9K.

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Orange SA is a telecommunication services company, which operates mobile and internet services. It provides telecommunication services to multinational companies, under the brand Orange Business Services. The company was founded in 1794 and is headquartered in Paris, France.

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