Goldman Sachs Group Inc. Reaffirms “Buy” Rating for Orange SA (ORA)
Orange SA (EPA:ORA)‘s stock had its “buy” rating reissued by equities researchers at Goldman Sachs Group Inc. in a research report issued to clients and investors on Wednesday.
ORA has been the subject of a number of other reports. Barclays PLC set a €19.00 ($21.11) target price on Orange SA and gave the company a “buy” rating in a research report on Thursday, September 15th. JPMorgan Chase & Co. set a €18.00 ($20.00) target price on Orange SA and gave the company a “neutral” rating in a research report on Tuesday, May 24th. Jefferies Group set a €16.00 ($17.78) target price on Orange SA and gave the company a “buy” rating in a research report on Monday, September 12th. Bank of America Corp. set a €16.80 ($18.67) target price on Orange SA and gave the company a “neutral” rating in a research report on Wednesday, August 31st. Finally, Citigroup Inc. set a €17.50 ($19.44) target price on Orange SA and gave the company a “buy” rating in a research report on Thursday, July 28th. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of €17.49 ($19.43).
Shares of Orange SA (EPA:ORA) opened at 13.58 on Wednesday. The stock has a 50 day moving average price of €13.62 and a 200-day moving average price of €14.55. Orange SA has a 52-week low of €12.38 and a 52-week high of €16.98. The firm has a market capitalization of €36.12 billion and a PE ratio of 7.89.
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About Orange SA
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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