Analysts Set Orange S.A. (NYSE:ORAN) Target Price at $13.08

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

Several research firms recently issued reports on ORAN. JPMorgan Chase & Co. began coverage on shares of Orange in a report on Wednesday, April 17th. They issued an “overweight” rating for the company. StockNews.com upgraded shares of Orange from a “hold” rating to a “buy” rating in a research report on Friday, July 26th. New Street Research raised shares of Orange to a “strong-buy” rating in a research note on Monday, July 8th. Finally, Sanford C. Bernstein began coverage on shares of Orange in a research note on Friday, May 24th. They set an “outperform” rating for the company.

Institutional Trading of Orange

A number of hedge funds have recently added to or reduced their stakes in ORAN. Allspring Global Investments Holdings LLC bought a new position in Orange in the first quarter worth about $39,000. CWM LLC increased its holdings in shares of Orange by 53.1% during the fourth quarter. CWM LLC now owns 3,586 shares of the technology company’s stock valued at $41,000 after acquiring an additional 1,244 shares in the last quarter. GAMMA Investing LLC increased its holdings in Orange by 118.2% in the 1st quarter. GAMMA Investing LLC now owns 3,662 shares of the technology company’s stock worth $43,000 after buying an additional 1,984 shares during the period. Mather Group LLC. acquired a new position in Orange in the 2nd quarter worth approximately $60,000. Finally, Tucker Asset Management LLC acquired a new position in Orange in the 4th quarter worth approximately $76,000.

Orange Price Performance

Shares of NYSE:ORAN opened at $11.15 on Wednesday. The firm’s 50 day moving average price is $10.70 and its 200-day moving average price is $11.23. The stock has a market capitalization of $29.63 billion, a PE ratio of 8.85, a price-to-earnings-growth ratio of 0.75 and a beta of 0.22. Orange has a twelve month low of $9.82 and a twelve month high of $12.41. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.87.

Orange Company Profile

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.