Hauck & Aufhaeuser set a €12.00 ($14.12) price target on ADVA Optical Networking SE (ETR:ADV) in a report released on Wednesday, July 5th. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently issued reports on ADV. Deutsche Bank AG set a €9.60 ($11.29) price target on ADVA Optical Networking SE and gave the stock a neutral rating in a report on Monday, June 12th. Oddo Securities set a €12.50 ($14.71) price target on ADVA Optical Networking SE and gave the stock a buy rating in a report on Monday, May 22nd.

ADVA Optical Networking SE (ADV) traded up 5.467% during midday trading on Wednesday, hitting €6.714. The stock had a trading volume of 31,750 shares. ADVA Optical Networking SE has a 1-year low of €6.07 and a 1-year high of €11.05. The stock has a market capitalization of €333.40 million and a PE ratio of 12.207. The stock’s 50-day moving average is €8.64 and its 200-day moving average is €9.34.

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ADVA Optical Networking SE Company Profile

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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