Analysts have been eager to weigh in on the Communication Services sector with new ratings on Cineplex (CPXGF – Research Report), ORANGE SA (GB:0OQV – Research Report) and TPG Telecom Limited (TPGTF – Research Report).
Cineplex (CPXGF)
In a report issued on April 16, Derek Lessard from TD Securities reiterated a Buy rating on Cineplex, with a price target of $14.00. The company’s shares closed last Tuesday at $6.65.
According to TipRanks.com, Lessard is a 1-star analyst with an average return of
Currently, the analyst consensus on Cineplex is a Strong Buy with an average price target of $10.18, a 53.1% upside from current levels. In a report issued on April 29, Canaccord Genuity also maintained a Buy rating on the stock with a C$13.00 price target.
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ORANGE SA (GB:0OQV)
In a report issued on May 3, Abhilash Mohapatra from Berenberg Bank maintained a Hold rating on ORANGE SA, with a price target of EUR11.40. The company’s shares closed yesterday at EUR10.49.
According to TipRanks.com, Mohapatra is ranked #6842 out of 8824 analysts.
ORANGE SA has an analyst consensus of Strong Buy, with a price target consensus of EUR13.05, which is a 23.1% upside from current levels. In a report issued on April 25, Oddo BHF also downgraded the stock to Hold with a EUR11.50 price target.
TPG Telecom Limited (TPGTF)
Goldman Sachs analyst Kane Hannan maintained a Hold rating on TPG Telecom Limited on April 29 and set a price target of A$5.40. The company’s shares closed last Friday at $3.73, equals to its 52-week high of $3.73.
According to TipRanks.com, Hannan is a 5-star analyst with an average return of
Currently, the analyst consensus on TPG Telecom Limited is a Moderate Buy with an average price target of $3.44, representing a -7.8% downside. In a report issued on May 6, UBS also maintained a Hold rating on the stock with a A$4.80 price target.
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