ADVA Optical Networking (ETR:ADV) has been given a €6.00 ($7.14) price objective by Hauck & Aufhaeuser in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Hauck & Aufhaeuser’s target price indicates a potential downside of 12.98% from the stock’s previous close.

Separately, Deutsche Bank set a €5.20 ($6.19) target price on shares of ADVA Optical Networking and gave the company a “neutral” rating in a research note on Wednesday, November 1st.

ADVA Optical Networking (ETR ADV) opened at €6.90 ($8.21) on Thursday. The stock has a market cap of $327.26 and a PE ratio of 34.48. ADVA Optical Networking has a one year low of €4.23 ($5.04) and a one year high of €11.05 ($13.15).

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ADVA Optical Networking Company Profile

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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