Orange S.A. (NYSE:ORAN) has earned an average rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $19.00.
A number of research firms have issued reports on ORAN. ValuEngine upgraded shares of Orange from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Berenberg Bank upgraded shares of Orange from a “sell” rating to a “hold” rating in a report on Friday, December 8th. Zacks Investment Research upgraded shares of Orange from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a report on Friday, March 23rd. Finally, BNP Paribas upgraded shares of Orange from an “underperform” rating to a “neutral” rating in a report on Tuesday, January 23rd.
Hedge funds have recently made changes to their positions in the company. Premia Global Advisors LLC purchased a new position in shares of Orange during the 4th quarter worth about $143,000. Steward Partners Investment Advisory LLC raised its holdings in Orange by 99.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,098 shares of the technology company’s stock valued at $175,000 after buying an additional 5,036 shares during the period. MML Investors Services LLC purchased a new position in Orange in the fourth quarter valued at approximately $203,000. Investors Research Corp purchased a new position in Orange in the fourth quarter valued at approximately $212,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Orange in the third quarter valued at approximately $217,000. Institutional investors and hedge funds own 1.25% of the company’s stock.
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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 primarily in Europe, Africa, and the Middle East. The company 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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