Orange SA (NASDAQ:ORAN) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Wednesday.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Orange SA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Bank of America Corporation downgraded shares of Orange SA from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 13th. Berenberg Bank downgraded shares of Orange SA from a “hold” rating to a “sell” rating in a research note on Monday, June 19th. Finally, BNP Paribas reaffirmed an “underperform” rating on shares of Orange SA in a research note on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Orange SA has an average rating of “Hold” and an average price target of $16.00.

Orange SA (NASDAQ ORAN) traded up 0.18% on Wednesday, reaching $16.51. 168,342 shares of the company’s stock traded hands. The firm’s 50-day moving average is $16.84 and its 200 day moving average is $16.34. Orange SA has a 52-week low of $13.98 and a 52-week high of $17.63. The stock has a market capitalization of $43.90 billion and a PE ratio of 294.82.

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Several hedge funds and other institutional investors have recently made changes to their positions in the business. Checchi Capital Advisers LLC raised its stake in shares of Orange SA by 0.8% in the second quarter. Checchi Capital Advisers LLC now owns 15,241 shares of the technology company’s stock worth $244,000 after acquiring an additional 118 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Orange SA by 0.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 33,086 shares of the technology company’s stock worth $514,000 after buying an additional 151 shares during the period. HighTower Advisors LLC grew its position in shares of Orange SA by 3.1% during the 2nd quarter. HighTower Advisors LLC now owns 11,058 shares of the technology company’s stock worth $175,000 after buying an additional 331 shares during the period. Wrapmanager Inc. grew its position in shares of Orange SA by 2.4% during the 2nd quarter. Wrapmanager Inc. now owns 19,555 shares of the technology company’s stock worth $312,000 after buying an additional 462 shares during the period. Finally, BB&T Corp grew its position in shares of Orange SA by 0.3% during the 2nd quarter. BB&T Corp now owns 144,443 shares of the technology company’s stock worth $2,308,000 after buying an additional 468 shares during the period.

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.

Analyst Recommendations for Orange SA (NASDAQ:ORAN)

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