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

Shares of Orange S.A. (NYSE:ORAN) have received a consensus recommendation of “Buy” from the five research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $13.08.

A number of research firms recently commented on ORAN. New Street Research upgraded shares of Orange to a “strong-buy” rating in a research report on Monday, July 8th. Sanford C. Bernstein initiated coverage on Orange in a report on Friday, May 24th. They issued an “outperform” rating for the company. Finally, StockNews.com upgraded Orange from a “hold” rating to a “buy” rating in a report on Friday, July 26th.

Orange Price Performance

ORAN opened at $11.96 on Friday. The firm’s fifty day moving average is $11.08 and its two-hundred day moving average is $11.21. Orange has a twelve month low of $9.82 and a twelve month high of $12.41. The company has a current ratio of 0.94, a quick ratio of 0.91 and a debt-to-equity ratio of 0.87.

Institutional Trading of Orange

A number of institutional investors have recently modified their holdings of ORAN. Brandes Investment Partners LP raised its position in Orange by 60.7% in the 4th quarter. Brandes Investment Partners LP now owns 1,642,782 shares of the technology company’s stock valued at $18,777,000 after buying an additional 620,438 shares during the last quarter. Simplicity Wealth LLC acquired a new stake in shares of Orange in the first quarter valued at approximately $3,132,000. Thornburg Investment Management Inc. lifted its position in shares of Orange by 20.6% in the first quarter. Thornburg Investment Management Inc. now owns 909,419 shares of the technology company’s stock worth $10,661,000 after purchasing an additional 155,549 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in Orange during the second quarter worth $1,411,000. Finally, Leo Wealth LLC acquired a new position in Orange during the fourth quarter worth $1,225,000.

About Orange

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. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.