Orange SA (NASDAQ:ORAN) was downgraded by stock analysts at Berenberg Bank from a “hold” rating to a “sell” rating in a report issued on Monday, Marketbeat Ratings reports.

A number of other equities research analysts have also weighed in on ORAN. Zacks Investment Research raised Orange SA from a “sell” rating to a “hold” rating in a research report on Saturday, April 1st. Bank of America Corporation lowered Orange SA from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 13th. BNP Paribas lowered Orange SA from an “outperform” rating to a “neutral” rating in a research report on Thursday, March 2nd. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Orange SA in a research report on Wednesday, February 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $16.00.

Analyst Recommendations for Orange SA (NASDAQ:ORAN)

Shares of Orange SA (ORAN) traded down 1.786% during trading on Monday, hitting $16.225. The company had a trading volume of 161,650 shares. Orange SA has a 52 week low of $13.98 and a 52 week high of $17.63. The company has a market capitalization of $43.16 billion and a P/E ratio of 14.060. The stock’s 50-day moving average price is $16.75 and its 200 day moving average price is $15.66.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BB&T Corp raised its position in Orange SA by 6.4% in the first quarter. BB&T Corp now owns 143,975 shares of the technology company’s stock valued at $2,237,000 after buying an additional 8,660 shares during the last quarter. Wetherby Asset Management Inc. raised its position in Orange SA by 3.1% in the first quarter. Wetherby Asset Management Inc. now owns 17,053 shares of the technology company’s stock valued at $265,000 after buying an additional 511 shares during the last quarter. Telemus Capital LLC bought a new position in Orange SA during the first quarter valued at approximately $311,000. Capstone Asset Management Co. raised its position in Orange SA by 1.5% in the first quarter. Capstone Asset Management Co. now owns 204,591 shares of the technology company’s stock valued at $3,179,000 after buying an additional 2,950 shares during the last quarter. Finally, Creative Planning raised its position in Orange SA by 9.5% in the first quarter. Creative Planning now owns 6,505 shares of the technology company’s stock valued at $101,000 after buying an additional 564 shares during the last quarter.

Orange SA Company Profile

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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