Orange S.A. (NYSE:ORAN) Receives Consensus Recommendation of “Buy” from Brokerages

Orange S.A. (NYSE:ORAN) has been given a consensus recommendation of “Buy” by the five analysts that are presently covering the company, MarketBeat Ratings reports. Four equities research 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 objective among brokers that have issued a report on the stock in the last year is $13.08.

A number of research firms have weighed in on ORAN. StockNews.com upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Friday, July 26th. New Street Research upgraded shares of Orange to a “strong-buy” rating in a research report on Monday, July 8th.

Orange Trading Down 1.6 %

Shares of NYSE:ORAN opened at $11.89 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.94 and a quick ratio of 0.91. Orange has a 1-year low of $9.82 and a 1-year high of $12.41. The business’s 50 day moving average is $11.48 and its 200-day moving average is $11.24.

Institutional Trading of Orange

A number of large investors have recently bought and sold shares of ORAN. Point72 Asset Management L.P. acquired a new stake in shares of Orange in the 2nd quarter valued at $425,000. Brandes Investment Partners LP boosted its position in Orange by 2.8% in the second quarter. Brandes Investment Partners LP now owns 1,757,008 shares of the technology company’s stock valued at $17,522,000 after buying an additional 48,093 shares in the last quarter. Creative Planning grew its stake in Orange by 25.6% during the second quarter. Creative Planning now owns 79,077 shares of the technology company’s stock worth $790,000 after buying an additional 16,113 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Orange by 216.3% during the second quarter. AQR Capital Management LLC now owns 50,904 shares of the technology company’s stock worth $509,000 after buying an additional 34,812 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of Orange by 53.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 75,709 shares of the technology company’s stock valued at $756,000 after acquiring an additional 26,527 shares during the last quarter.

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.