JPMorgan Chase & Co. lowered shares of Orange (NYSE:ORAN) from an overweight rating to a neutral rating in a report published on Monday morning, BenzingaRatingsTable reports.

Several other equities research analysts also recently weighed in on ORAN. Zacks Investment Research downgraded Orange from a hold rating to a sell rating in a report on Tuesday, September 3rd. Morgan Stanley downgraded Orange from an overweight rating to an equal weight rating in a report on Thursday, June 6th. Finally, ValuEngine downgraded Orange from a hold rating to a sell rating in a report on Wednesday, September 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Orange has an average rating of Hold and an average target price of $17.00.

Shares of NYSE ORAN opened at $14.96 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.79 and a quick ratio of 0.76. The stock has a fifty day moving average price of $14.92 and a 200 day moving average price of $15.48. Orange has a 1-year low of $14.57 and a 1-year high of $17.06. The company has a market cap of $39.56 billion, a PE ratio of 20.49, a P/E/G ratio of 1.04 and a beta of 0.40.

Institutional investors have recently added to or reduced their stakes in the business. Advisors Management Group Inc. ADV raised its stake in shares of Orange by 1.1% during the 1st quarter. Advisors Management Group Inc. ADV now owns 62,712 shares of the technology company’s stock worth $1,022,000 after buying an additional 681 shares during the last quarter. Wetherby Asset Management Inc. raised its stake in shares of Orange by 3.5% during the 2nd quarter. Wetherby Asset Management Inc. now owns 23,044 shares of the technology company’s stock worth $363,000 after buying an additional 789 shares during the last quarter. Eagle Asset Management Inc. raised its stake in shares of Orange by 3.1% during the 1st quarter. Eagle Asset Management Inc. now owns 27,760 shares of the technology company’s stock worth $452,000 after buying an additional 830 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Orange by 5.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 19,549 shares of the technology company’s stock worth $319,000 after buying an additional 1,038 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Orange by 9.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 14,278 shares of the technology company’s stock worth $224,000 after buying an additional 1,279 shares during the last quarter. 1.37% of the stock is owned by institutional investors.

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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Analyst Recommendations for Orange (NYSE:ORAN)

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