ADVA Optical Networking SE (ADV) PT Set at €3.50 by Hauck & Aufhaeuser
ADVA Optical Networking SE (ETR:ADV) has been given a €3.50 ($4.12) price objective by research analysts at Hauck & Aufhaeuser in a research report issued to clients and investors on Monday. The brokerage presently has a “sell” rating on the stock.
Several other equities research analysts also recently issued reports on ADV. 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 Thursday, July 6th. Oddo Bhf set a €5.50 ($6.47) price objective on ADVA Optical Networking SE and gave the stock a “neutral” rating in a research report on Tuesday, August 29th.
ADVA Optical Networking SE (ETR ADV) traded down 0.707% during trading on Monday, hitting €5.615. The company had a trading volume of 4,017 shares. ADVA Optical Networking SE has a 12-month low of €4.23 and a 12-month high of €11.05. The firm has a 50-day moving average of €5.63 and a 200 day moving average of €8.02. The company has a market capitalization of €278.82 million and a price-to-earnings ratio of 10.209.
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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