Orange SA (ORA) Receives Average Rating of “Buy” from Brokerages

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Orange SA (EPA:ORA) has been given a consensus rating of “Buy” by the fifteen ratings firms that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is €16.57 ($19.26).

ORA has been the subject of several analyst reports. Goldman Sachs Group set a €18.30 ($21.28) target price on Orange and gave the company a “buy” rating in a research note on Tuesday, April 9th. Barclays set a €16.50 ($19.19) target price on Orange and gave the company a “neutral” rating in a research note on Tuesday, March 5th. Credit Suisse Group set a €16.00 ($18.60) target price on Orange and gave the company a “buy” rating in a research note on Monday, March 4th. UBS Group set a €14.40 ($16.74) target price on Orange and gave the company a “neutral” rating in a research note on Thursday, February 21st. Finally, Royal Bank of Canada set a €18.00 ($20.93) target price on Orange and gave the company a “buy” rating in a research note on Thursday, February 21st.

Shares of EPA ORA traded up €0.04 ($0.05) during trading on Friday, reaching €13.83 ($16.08). The company had a trading volume of 7,578,812 shares, compared to its average volume of 7,300,000. Orange has a twelve month low of €13.31 ($15.48) and a twelve month high of €15.80 ($18.37).

About Orange

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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Analyst Recommendations for Orange (EPA:ORA)

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