Orange - ORAN Stock Forecast, Price & News

Orange S.A. provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments. 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. It also sells mobile handsets, mobile terminals, broadband equipment, connected devices, and accessories. In addition, the company provides IT and integration services comprising unified communication and collaboration services, such as LAN and telephony, consultancy, integration, and project management; hosting and infrastructure services, including cloud computing; customer relations management and other applications services; security services; and video conferencing, as well as sells related equipment. Further, it offers national and international roaming services; online advertising services; and mobile virtual network operators, network sharing, and mobile financial services, as well as sells equipment to external distributors and brokers. Orange S.A. markets its products and services under the Orange brand. The company was formerly known as France Telecom and changed its name to Orange S.A. in July 2013. Orange S.A. was founded in 1990 and is headquartered in Issy-les-Moulineaux, France.

Orange Stock Performance

Shares of NYSE:ORAN opened at $10.34 on Friday. Orange has a 12 month low of $9.85 and a 12 month high of $12.71. The business's 50 day simple moving average is $10.97 and its 200-day simple moving average is $11.65. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.93.

Orange Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 24th. Shareholders of record on Monday, June 6th were issued a dividend of $0.3333 per share. The ex-dividend date of this dividend was Friday, June 3rd. This represents a yield of 4.73%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Sanford C. Bernstein upgraded Orange from a "market perform" rating to an "outperform" rating in a report on Monday, June 13th. Barclays upgraded Orange from an "underweight" rating to an "equal weight" rating in a report on Wednesday, June 22nd. Finally, Morgan Stanley lifted their price objective on shares of Orange from €11.00 ($11.22) to €13.00 ($13.27) and gave the stock an "equal weight" rating in a research report on Tuesday, July 12th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, Orange presently has an average rating of "Hold" and a consensus price target of $11.25.