Orange S.A. (NYSE:ORAN) Receives Consensus Rating of “Hold” from Analysts

Orange S.A. (NYSE:ORANGet Rating) has earned a consensus recommendation of “Hold” from the twelve ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $9.75.

Several equities research analysts recently issued reports on ORAN shares. Barclays raised their price objective on shares of Orange from €9.00 ($9.38) to €9.50 ($9.90) and gave the stock an “underweight” rating in a research report on Wednesday, April 27th. StockNews.com started coverage on shares of Orange in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Zacks Investment Research upgraded shares of Orange from a “sell” rating to a “hold” rating in a research report on Saturday, April 16th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in Orange by 87.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,427,710 shares of the technology company’s stock valued at $28,696,000 after acquiring an additional 1,131,285 shares in the last quarter. Thornburg Investment Management Inc. raised its holdings in Orange by 440.3% in the fourth quarter. Thornburg Investment Management Inc. now owns 685,211 shares of the technology company’s stock valued at $7,229,000 after acquiring an additional 558,379 shares in the last quarter. Millennium Management LLC raised its holdings in Orange by 205.6% in the third quarter. Millennium Management LLC now owns 635,238 shares of the technology company’s stock valued at $6,880,000 after acquiring an additional 427,405 shares in the last quarter. Barclays PLC raised its holdings in Orange by 154.9% in the fourth quarter. Barclays PLC now owns 556,233 shares of the technology company’s stock valued at $5,869,000 after acquiring an additional 338,035 shares in the last quarter. Finally, Penserra Capital Management LLC raised its holdings in Orange by 28.0% in the fourth quarter. Penserra Capital Management LLC now owns 1,013,396 shares of the technology company’s stock valued at $10,691,000 after acquiring an additional 221,649 shares in the last quarter. 0.89% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE ORAN opened at $12.26 on Monday. The firm has a 50-day simple moving average of $11.99 and a 200-day simple moving average of $11.50. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 0.91. Orange has a 52 week low of $9.85 and a 52 week high of $12.98.

Orange Company Profile (Get Rating)

Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments.

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Analyst Recommendations for Orange (NYSE:ORAN)

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