Orange (NYSE:ORAN) Rating Increased to Strong-Buy at StockNews.com

by · The Markets Daily

Orange (NYSE:ORAN – Get Free Report) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday.

Separately, New Street Research raised Orange to a “strong-buy” rating in a research report on Monday, July 8th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $12.50.

Get Our Latest Stock Report on ORAN

Orange Stock Down 0.6 %

ORAN stock opened at $10.74 on Thursday. The stock’s fifty day simple moving average is $11.53 and its two-hundred day simple moving average is $11.24. The company has a current ratio of 0.94, a quick ratio of 0.91 and a debt-to-equity ratio of 0.87. Orange has a 1-year low of $9.82 and a 1-year high of $12.41. The stock has a market cap of $28.54 billion, a P/E ratio of 8.46, a P/E/G ratio of 0.82 and a beta of 0.22.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. lifted its position in shares of Orange by 3.3% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 28,171 shares of the technology company’s stock valued at $332,000 after buying an additional 896 shares during the last quarter. 180 Wealth Advisors LLC lifted its holdings in Orange by 8.9% during the 2nd quarter. 180 Wealth Advisors LLC now owns 16,497 shares of the technology company’s stock worth $178,000 after purchasing an additional 1,350 shares in the last quarter. Ballentine Partners LLC lifted its holdings in Orange by 14.9% during the 2nd quarter. Ballentine Partners LLC now owns 12,495 shares of the technology company’s stock worth $125,000 after purchasing an additional 1,624 shares in the last quarter. Gallacher Capital Management LLC lifted its holdings in Orange by 5.2% during the 1st quarter. Gallacher Capital Management LLC now owns 37,168 shares of the technology company’s stock worth $437,000 after purchasing an additional 1,837 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Orange by 118.2% during the 1st quarter. GAMMA Investing LLC now owns 3,662 shares of the technology company’s stock worth $43,000 after purchasing an additional 1,984 shares in the last quarter.

Orange Company Profile

(Get Free Report)

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.

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