There has been very little movement in Orange's share price. This situation is bound to change. An exit on the upside out of the current trading range should go with a comeback in volatility. Therefore, the timing for new long positions seems good. Investors have an opportunity to buy the stock and target the € 11.4.
In a short-term perspective, the company has interesting fundamentals.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
Its low valuation, with P/E ratio at 9.13 and 8.71 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the best yield companies with high dividend expectations.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
The group shows a rather high level of debt in proportion to its EBITDA.
ę MarketScreener.com 2021
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