Orange (OTCMKTS:ORANY) Upgraded to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Orange (OTCMKTS:ORANY) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

A number of other analysts have also issued reports on the company. The Goldman Sachs Group upgraded Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Citigroup restated a “buy” rating on shares of Orange in a research note on Thursday, May 7th. New Street Research lowered Orange from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a research report on Thursday, June 18th. Finally, Zacks Research upgraded shares of Orange from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Orange Stock Performance

OTCMKTS:ORANY opened at $18.10 on Wednesday. Orange has a 1 year low of $15.10 and a 1 year high of $21.85. The stock’s fifty day moving average price is $20.25 and its two-hundred day moving average price is $19.61. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.09 and a current ratio of 1.11.

About Orange

Orange SA, commonly known as Orange, is a multinational telecommunications operator headquartered in Paris, France. The company has its roots in the former state-owned France Télécom and later consolidated its international operations under the Orange brand. Orange provides a wide range of connectivity and communications services and maintains a significant presence across Europe, and in many countries in Africa and the Middle East, serving both consumer and business customers.

Orange’s core activities include mobile and fixed-line telephony, broadband and fiber internet access, and television services for retail customers.