According to Zacks, “Orange SA provides telecommunications services. It offers a range of fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other value-added services to consumers, businesses, and other telecommunications operators under the Orange brand worldwide. Orange SA, formerly known as France Telecom S.A., is based in Paris, France. “
Separately, Morgan Stanley lowered shares of Orange from an overweight rating to an equal weight rating in a research report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $18.00.
A number of hedge funds and other institutional investors have recently made changes to their positions in ORAN. NEXT Financial Group Inc boosted its position in Orange by 226.6% during the second quarter. NEXT Financial Group Inc now owns 2,162 shares of the technology company’s stock worth $34,000 after acquiring an additional 1,500 shares during the last quarter. SRS Capital Advisors Inc. acquired a new stake in Orange during the second quarter worth approximately $35,000. Zions Bancorporation N.A. acquired a new stake in Orange during the first quarter worth approximately $45,000. Covenant Multifamily Offices LLC acquired a new stake in Orange during the first quarter worth approximately $48,000. Finally, Private Capital Group LLC boosted its position in Orange by 45.0% during the first quarter. Private Capital Group LLC now owns 3,469 shares of the technology company’s stock worth $57,000 after acquiring an additional 1,076 shares during the last quarter. Hedge funds and other institutional investors own 1.42% of the company’s stock.
Orange Company Profile
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.
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