Orange (NYSE:ORAN) was upgraded by stock analysts at BNP Paribas from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday.
A number of other research analysts have also issued reports on the stock. Bank of America upgraded shares of Orange from a “neutral” rating to a “buy” rating in a research note on Monday, October 30th. Berenberg Bank upgraded shares of Orange from a “sell” rating to a “hold” rating in a research note on Friday, December 8th. Gabelli reiterated a “buy” rating on shares of Orange in a research note on Friday, December 1st. Zacks Investment Research lowered shares of Orange from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Finally, BidaskClub lowered shares of Orange from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $18.00.
Shares of Orange (ORAN) traded up $0.11 during trading on Tuesday, hitting $18.28. 582,372 shares of the stock were exchanged, compared to its average volume of 404,673. Orange has a twelve month low of $14.94 and a twelve month high of $18.28. The company has a current ratio of 0.74, a quick ratio of 0.71 and a debt-to-equity ratio of 0.91.
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About Orange
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.