Orange SA (ORAN) Lowered to Hold at HSBC
Orange SA (NASDAQ:ORAN) was downgraded by research analysts at HSBC from a “buy” rating to a “hold” rating in a note issued to investors on Monday.
A number of other brokerages have also commented on ORAN. Raymond James Financial Inc. upgraded Orange SA from a “market perform” rating to an “outperform” rating in a research report on Tuesday, July 19th. Credit Suisse Group AG upgraded Orange SA from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 27th. Bank of America Corp. lowered Orange SA from a “buy” rating to a “neutral” rating in a research report on Wednesday, August 31st. Finally, JPMorgan Chase & Co. upgraded Orange SA from a “neutral” rating to an “overweight” rating in a research report on Monday, July 11th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Buy”.
Shares of Orange SA (NASDAQ:ORAN) opened at 15.58 on Monday. The stock’s 50 day moving average is $15.26 and its 200 day moving average is $16.18. The company has a market cap of $41.44 billion and a PE ratio of 8.07. Orange SA has a 52-week low of $14.62 and a 52-week high of $18.32.
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