Shares of Orange (OTCMKTS:ORANY – Get Free Report) saw an uptick in trading volume on Monday . 328,848 shares were traded during mid-day trading, an increase of 110% from the previous session’s volume of 156,814 shares.The stock last traded at $20.7750 and had previously closed at $21.15.
Analysts Set New Price Targets
A number of research firms recently commented on ORANY. Citigroup reaffirmed a “buy” rating on shares of Orange in a report on Thursday, May 7th. Zacks Research lowered shares of Orange from a “hold” rating to a “strong sell” rating in a research note on Friday, April 17th. Kepler Capital Markets lowered shares of Orange from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. New Street Research lowered shares of Orange from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. Finally, The Goldman Sachs Group upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
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Orange Stock Down 1.0%
About Orange
Orange SA, commonly known as Orange, is a multinational telecommunications operator headquartered in Paris, France. The company has its roots in the former state-owned France Télécom and later consolidated its international operations under the Orange brand. Orange provides a wide range of connectivity and communications services and maintains a significant presence across Europe, and in many countries in Africa and the Middle East, serving both consumer and business customers.
Orange’s core activities include mobile and fixed-line telephony, broadband and fiber internet access, and television services for retail customers.
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