Berenberg Bank Reaffirms “Buy” Rating for Orange (NYSE:ORAN)
Orange (NYSE:ORAN)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a report issued on Monday, AnalystRatings.com reports.
Several other analysts have also issued reports on ORAN. Societe Generale upgraded Orange from a “hold” rating to a “buy” rating in a report on Monday, November 25th. Bryan, Garnier & Co cut Orange from a “buy” rating to a “neutral” rating in a research report on Thursday. ValuEngine upgraded Orange from a “sell” rating to a “hold” rating in a research note on Tuesday, October 29th. Cfra reaffirmed a “hold” rating and set a $16.00 price target on shares of Orange in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. cut Orange from an “overweight” rating to a “neutral” rating in a research note on Monday, September 9th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $17.00.
Orange stock opened at $15.02 on Monday. The company has a market cap of $40.11 billion, a price-to-earnings ratio of 20.58, a P/E/G ratio of 0.92 and a beta of 0.37. The firm has a 50-day moving average of $16.15 and a 200-day moving average of $15.51. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.79 and a quick ratio of 0.76. Orange has a one year low of $14.57 and a one year high of $16.89.
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.
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