JPMorgan Chase & Co. Lowers Orange (NYSE:ORAN) to Neutral
A number of other brokerages have also issued reports on ORAN. Morgan Stanley lowered shares of Orange from an overweight rating to an equal weight rating in a report on Thursday, June 6th. Zacks Investment Research cut shares of Orange from a hold rating to a sell rating in a research report on Tuesday, September 3rd. Finally, ValuEngine cut shares of Orange from a hold rating to a sell rating in a research report on Wednesday, September 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Orange currently has a consensus rating of Hold and an average price target of $17.00.
Shares of ORAN opened at $14.96 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.95. Orange has a 12-month low of $14.57 and a 12-month high of $17.06. The firm has a 50-day moving average price of $14.92 and a 200 day moving average price of $15.48. The firm has a market capitalization of $39.56 billion, a P/E ratio of 20.49, a P/E/G ratio of 1.04 and a beta of 0.40.
Orange Company Profile
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.
Further Reading: Initial Coin Offering (ICO)
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.