Oddo Bhf set a €5.50 ($6.55) target price on ADVA Optical Networking SE (ETR:ADV) in a research note released on Tuesday morning. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently commented on ADV. Oddo Securities set a €12.50 ($14.88) price objective on ADVA Optical Networking SE and gave the company a buy rating in a report on Monday, May 22nd. Hauck & Aufhaeuser set a €12.60 ($15.00) price objective on ADVA Optical Networking SE and gave the company a buy rating in a report on Monday, May 29th. Finally, Deutsche Bank AG set a €9.60 ($11.43) price objective on ADVA Optical Networking SE and gave the company a neutral rating in a report on Monday, June 12th.

ADVA Optical Networking SE (ETR:ADV) opened at 4.768 on Tuesday. The firm has a market cap of €236.76 million and a P/E ratio of 8.669. ADVA Optical Networking SE has a 52-week low of €4.76 and a 52-week 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.

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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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