Orange (ORAN) Rating Reiterated by Gabelli

Gabelli restated their buy rating on shares of Orange (NYSE:ORAN) in a research report report published on Friday morning.

Other equities analysts also recently issued research reports about the company. BidaskClub downgraded Orange from a hold rating to a sell rating in a research report on Wednesday, September 13th. Zacks Investment Research downgraded Orange from a buy rating to a hold rating in a research report on Wednesday, November 22nd. Bank of America upgraded Orange from a neutral rating to a buy rating in a research report on Monday, October 30th. Finally, BNP Paribas reiterated an underperform rating on shares of Orange in a research report on Tuesday, September 5th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. Orange currently has a consensus rating of Hold and an average target price of $18.00.

Shares of Orange (NYSE ORAN) traded down $0.05 on Friday, hitting $16.87. The stock had a trading volume of 294,900 shares, compared to its average volume of 360,478. Orange has a 1 year low of $14.06 and a 1 year high of $17.63. The company has a current ratio of 0.74, a quick ratio of 0.71 and a debt-to-equity ratio of 0.91.

The firm also recently declared a semiannual dividend, which will be paid on Thursday, December 28th. Shareholders of record on Monday, December 4th will be given a dividend of $0.294 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a yield of 3.57%. Orange’s dividend payout ratio is currently 250.00%.

A number of hedge funds have recently modified their holdings of ORAN. Checchi Capital Advisers LLC raised its holdings in shares of Orange by 0.8% during the second quarter. Checchi Capital Advisers LLC now owns 15,241 shares of the technology company’s stock valued at $244,000 after acquiring an additional 118 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Orange by 3.1% during the second quarter. HighTower Advisors LLC now owns 11,058 shares of the technology company’s stock valued at $175,000 after acquiring an additional 331 shares during the last quarter. Wrapmanager Inc. raised its holdings in shares of Orange by 2.4% during the second quarter. Wrapmanager Inc. now owns 19,555 shares of the technology company’s stock valued at $312,000 after acquiring an additional 462 shares during the last quarter. Wetherby Asset Management Inc. raised its holdings in shares of Orange by 5.5% during the second quarter. Wetherby Asset Management Inc. now owns 17,985 shares of the technology company’s stock valued at $288,000 after acquiring an additional 932 shares during the last quarter. Finally, Guardian Capital Advisors LP raised its holdings in shares of Orange by 0.3% during the second quarter. Guardian Capital Advisors LP now owns 324,369 shares of the technology company’s stock valued at $5,326,000 after acquiring an additional 1,085 shares during the last quarter. Institutional investors own 1.19% of the company’s stock.

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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.

Analyst Recommendations for Orange (NYSE:ORAN)

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