Hauck & Aufhaeuser Reiterates €3.50 Price Target for ADVA Optical Networking SE (ADV)
ADVA Optical Networking SE (ETR:ADV) has been assigned a €3.50 ($4.17) price objective by Hauck & Aufhaeuser in a research report issued on Tuesday. The brokerage currently has a “sell” rating on the stock.
Other equities research analysts have also issued research reports about the company. Oddo Securities set a €12.50 ($14.88) price target on ADVA Optical Networking SE and gave the stock a “buy” rating in a research note on Monday, May 22nd. Deutsche Bank AG set a €9.60 ($11.43) price target on ADVA Optical Networking SE and gave the stock a “neutral” rating in a research note on Monday, June 12th.
ADVA Optical Networking SE (ETR:ADV) opened at 4.65 on Tuesday. ADVA Optical Networking SE has a one year low of €4.58 and a one year high of €11.05. The firm’s 50 day moving average price is €7.14 and its 200-day moving average price is €9.15. The company has a market capitalization of €230.91 million and a PE ratio of 8.45.
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About ADVA Optical Networking SE
ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. It offers scalable optical transport solutions, such as FSP 3000 and FSP 3000 CloudConnect; packet edge and aggregation products; and network virtualization products comprising ensemble connectors, ensemble orchestrators, ensemble analytics, ensemble controllers, and ensemble network controllers, as well as FSP 150 ProVMi and FSP 150VMe.
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