ADVA Optical Networking SE (ADV) Given a €8.50 Price Target by Oddo Securities Analysts

Oddo Securities set a €8.50 ($10.00) price target on ADVA Optical Networking SE (ETR:ADV) in a research note published on Friday, July 21st. The firm currently has a buy rating on the stock.

ADV has been the topic of several other research reports. Hauck & Aufhaeuser set a €12.00 ($14.12) price target on ADVA Optical Networking SE and gave the company a buy rating in a report on Monday, July 17th. Deutsche Bank AG set a €9.60 ($11.29) price target on ADVA Optical Networking SE and gave the company a neutral rating in a report on Monday, June 12th.

Shares of ADVA Optical Networking SE (ADV) traded down 0.730% on Friday, hitting €6.525. 13,298 shares of the stock traded hands. ADVA Optical Networking SE has a 12-month low of €6.07 and a 12-month high of €11.05. The stock has a market cap of €324.01 million and a price-to-earnings ratio of 11.864. The stock has a 50-day moving average price of €7.68 and a 200 day moving average price of €9.25.

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About ADVA Optical Networking SE

Adva Optical Networking SE is a Germany-based provider of networking solutions and telecommunications hardware, software and services. Its products are based on fiber-optic transmission technology combined with Ethernet functionality and software. The Company provides products and services for service providers, government institutions, education facilities, the Internet and cloud industry and enterprise networks.

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