Orange’s (ORAN) Buy Rating Reaffirmed at Gabelli
Orange (NYSE:ORAN)‘s stock had its “buy” rating restated by Gabelli in a report issued on Friday.
A number of other equities analysts also recently issued reports on ORAN. Zacks Investment Research downgraded shares of Orange from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. BidaskClub cut shares of Orange from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Bank of America upgraded shares of Orange from a “neutral” rating to a “buy” rating in a report on Monday, October 30th. Finally, BNP Paribas restated an “underperform” rating on shares of Orange in a report on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $18.00.
Orange (ORAN) opened at $16.87 on Friday. Orange has a one year low of $14.06 and a one year high of $17.63. The company has a quick ratio of 0.71, a current ratio of 0.74 and a debt-to-equity ratio of 0.91.
Institutional investors and hedge funds have recently made changes to their positions in the business. Sei Investments Co. grew its holdings in Orange by 38.4% in the second quarter. Sei Investments Co. now owns 9,006 shares of the technology company’s stock worth $144,000 after purchasing an additional 2,497 shares during the period. Miles Capital Inc. purchased a new stake in Orange in the second quarter worth about $173,000. HighTower Advisors LLC grew its holdings in Orange by 3.1% in the second quarter. HighTower Advisors LLC now owns 11,058 shares of the technology company’s stock worth $175,000 after purchasing an additional 331 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Orange by 15.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,506 shares of the technology company’s stock worth $184,000 after purchasing an additional 1,535 shares during the period. Finally, Garner Asset Management Corp purchased a new stake in Orange in the second quarter worth about $190,000. Institutional investors and hedge funds own 1.19% of the company’s stock.
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Orange Company Profile
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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