Analysts Set Orange SA (ORAN) PT at $19.00

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.

NYSE ORAN opened at $16.35 on Friday. The firm has a market capitalization of $43.36 billion, a price-to-earnings ratio of 22.40, a P/E/G ratio of 1.00 and a beta of 0.43. Orange has a 12-month low of $14.84 and a 12-month high of $18.30. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.72 and a quick ratio of 0.69.

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.

Recommended Story: What is included in the gross domestic product?

Analyst Recommendations for Orange (NYSE:ORAN)

Receive News & Ratings for Orange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orange and related companies with MarketBeat.com's FREE daily email newsletter.