tiprankstipranks
Trending News
More News >

Orange resumed with an Outperform at Bernstein

Bernstein analyst Nick Lyall resumed coverage of Orange with an Outperform rating and EUR 13 price target. The company’s operations “are not the most dynamic,” but it offers “middle of the pack” cash flow growth, a well-covered 7% dividend yield and a balance sheet strong enough to absorb joint venture commitments, the analyst tells investors in a research note. The firm views the stock’s 20%-30% discount to the sector as “too harsh.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue