Orange SA (ORA) Given Consensus Recommendation of “Buy” by Brokerages
Orange SA (EPA:ORA) has earned an average recommendation of “Buy” from the fifteen ratings firms that are presently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is €16.50 ($19.19).
A number of brokerages have recently issued reports on ORA. Goldman Sachs Group set a €18.30 ($21.28) price objective on shares of Orange and gave the company a “buy” rating in a research note on Tuesday, April 9th. Barclays set a €16.50 ($19.19) target price on shares of Orange and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. JPMorgan Chase & Co. set a €16.50 ($19.19) target price on shares of Orange and gave the stock a “buy” rating in a research report on Thursday, April 25th. Deutsche Bank reiterated a “buy” rating on shares of Orange in a research report on Friday, May 24th. Finally, HSBC set a €17.00 ($19.77) target price on shares of Orange and gave the stock a “buy” rating in a research report on Thursday, May 2nd.
Shares of ORA stock opened at €13.81 ($16.06) on Tuesday. Orange has a 52-week low of €13.31 ($15.48) and a 52-week high of €15.80 ($18.37).
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.
See Also: Trading based on a resistance level
Receive News & Ratings for Orange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orange and related companies with MarketBeat.com's FREE daily email newsletter.