Orange SA (NYSE:ORAN) has been given an average rating of “Buy” by the seven research firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $19.00.
Several brokerages recently issued reports on ORAN. Zacks Investment Research cut shares of Orange from a “hold” rating to a “sell” rating in a report on Tuesday, December 4th. Barclays cut 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. Credit Suisse Group reaffirmed a “buy” rating on shares of Orange in a report on Friday, February 22nd. Finally, Berenberg Bank raised shares of Orange from a “hold” rating to a “buy” rating in a report on Monday.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Liberty Wealth Management LLC purchased a new position in Orange in the fourth quarter valued at $25,000. Financial Gravity Companies Inc. purchased a new position in Orange in the fourth quarter valued at $40,000. Lindbrook Capital LLC purchased a new position in Orange in the fourth quarter valued at $76,000. Quadrant Capital Group LLC increased its holdings in Orange by 80.4% in the fourth quarter. Quadrant Capital Group LLC now owns 4,751 shares of the technology company’s stock valued at $66,000 after buying an additional 2,118 shares in the last quarter. Finally, FDx Advisors Inc. purchased a new position in Orange in the third quarter valued at $161,000. 1.45% of the stock is owned by institutional investors.
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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