Orange SA (ORAN) Receives a Buy from Berenberg Bank

By Austin Angelo

Berenberg Bank analyst Abhilash Mohapatra maintained a Buy rating on Orange SA (ORANResearch Report) on December 6 and set a price target of EUR16.30. The company’s shares closed last Monday at $15.02.

According to TipRanks.com, Mohapatra is ranked #4217 out of 5727 analysts.

Orange SA has an analyst consensus of Moderate Buy, with a price target consensus of $17.97, which is a 19.1% upside from current levels. In a report issued on December 4, Merrill Lynch also maintained a Buy rating on the stock with a EUR18.00 price target.

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Orange SA’s market cap is currently $39.84B and has a P/E ratio of 15.85. The company has a Price to Book ratio of 1.43.

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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.