Orange S.A. (NYSE:ORAN) Given Consensus Rating of “Hold” by Brokerages

Shares of Orange S.A. (NYSE:ORANGet Rating) have been given a consensus rating of “Hold” by the seven analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $11.17.

A number of equities analysts have weighed in on ORAN shares. Barclays upped their price target on Orange from €10.00 ($10.00) to €10.50 ($10.50) and gave the stock an “equal weight” rating in a report on Wednesday, October 26th. Credit Suisse Group reduced their target price on Orange from €11.50 ($11.50) to €10.00 ($10.00) in a research note on Wednesday, October 26th. Finally, StockNews.com upgraded Orange from a “hold” rating to a “buy” rating in a research note on Thursday.

Orange Stock Performance

NYSE ORAN opened at $9.99 on Monday. Orange has a fifty-two week low of $8.81 and a fifty-two week high of $12.71. The business has a 50 day moving average price of $9.51 and a two-hundred day moving average price of $10.61. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.93 and a current ratio of 0.97.

Hedge Funds Weigh In On Orange

Hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its stake in shares of Orange by 87.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,427,710 shares of the technology company’s stock worth $28,696,000 after purchasing an additional 1,131,285 shares in the last quarter. Managed Asset Portfolios LLC grew its holdings in shares of Orange by 1.9% during the 2nd quarter. Managed Asset Portfolios LLC now owns 1,982,260 shares of the technology company’s stock worth $23,331,000 after purchasing an additional 37,522 shares in the last quarter. Brandes Investment Partners LP grew its holdings in shares of Orange by 18.3% during the 1st quarter. Brandes Investment Partners LP now owns 1,160,575 shares of the technology company’s stock worth $13,718,000 after purchasing an additional 179,689 shares in the last quarter. FMR LLC grew its holdings in shares of Orange by 6.2% during the 2nd quarter. FMR LLC now owns 1,012,320 shares of the technology company’s stock worth $11,915,000 after purchasing an additional 58,838 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Orange by 8,528.7% in the 2nd quarter. Jane Street Group LLC now owns 943,634 shares of the technology company’s stock valued at $11,107,000 after buying an additional 932,698 shares in the last quarter. Institutional investors and hedge funds own 1.08% of the company’s stock.

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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