Shares of Orange SA (NYSE:ORAN) have been given a consensus rating of “Hold” by the seven research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $19.00.
A number of analysts have issued reports on ORAN shares. Barclays downgraded shares of Orange from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 5th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Orange in a report on Friday, February 22nd. Zacks Investment Research downgraded shares of Orange from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. Credit Suisse Group reiterated a “buy” rating on shares of Orange in a research note on Friday, February 22nd. Finally, Berenberg Bank raised Orange from a “hold” rating to a “buy” rating in a research report on Monday, April 1st.
Hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP grew its stake in Orange by 21.5% during the third quarter. First Trust Advisors LP now owns 124,701 shares of the technology company’s stock worth $1,981,000 after buying an additional 22,038 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Orange by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 346,203 shares of the technology company’s stock worth $5,501,000 after acquiring an additional 11,624 shares in the last quarter. Rhumbline Advisers acquired a new stake in shares of Orange during the 3rd quarter worth approximately $190,000. MML Investors Services LLC boosted its position in shares of Orange by 92.5% during the 3rd quarter. MML Investors Services LLC now owns 24,231 shares of the technology company’s stock worth $385,000 after acquiring an additional 11,641 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Orange by 14.1% in the third quarter. Bank of New York Mellon Corp now owns 156,145 shares of the technology company’s stock valued at $2,481,000 after acquiring an additional 19,253 shares during the last quarter. Institutional investors own 1.45% of the company’s stock.
NYSE:ORAN traded up $0.01 during mid-day trading on Friday, reaching $16.65. 230,156 shares of the company’s stock were exchanged, compared to its average volume of 414,168. Orange has a one year low of $14.84 and a one year high of $18.30. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.69 and a current ratio of 0.72. The firm has a market cap of $44.26 billion, a price-to-earnings ratio of 22.81, a P/E/G ratio of 1.02 and a beta of 0.43.
Orange Company Profile
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. It offers mobile, fixed-line telephony, fixed broadband, business solutions and networks, and carrier services; sells mobile devices, equipment, and accessories; and sells and rents fixed-line equipment.
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