Orange (ORAN) Receives Average Rating of “Buy” from Brokerages
Shares of Orange (NYSE:ORAN) have earned an average rating of “Buy” from the seven research firms that are covering the firm. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company.
Several equities research analysts recently weighed in on the stock. Bank of America Corp. cut shares of Orange from a “buy” rating to a “neutral” rating in a research report on Wednesday, August 31st. Raymond James Financial Inc. upgraded shares of Orange from a “mkt perform” rating to an “outperform” rating in a research report on Tuesday, July 19th. Credit Suisse Group AG upgraded shares of Orange from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 27th. Finally, HSBC cut shares of Orange from a “buy” rating to a “hold” rating in a research report on Monday, October 3rd.
Shares of Orange (NYSE:ORAN) opened at 14.64 on Friday. The stock has a market capitalization of $38.94 billion, a PE ratio of 7.73 and a beta of 0.79. The stock has a 50 day moving average of $15.39 and a 200 day moving average of $15.83. Orange has a 52-week low of $14.55 and a 52-week high of $18.32.
Orange SA is a telecommunications operator. The Company also provides telecommunication services to multinational companies, under the brand Orange Business Services. The Company’s segments include France, Spain, Poland, Belgium and Luxembourg, Central European countries, Africa and Middle East, Enterprise, and International Carriers & Shared Services.
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