Orange (NYSE:ORAN – Get Free Report) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Thursday.
Separately, New Street Research raised Orange to a “strong-buy” rating in a report on Monday, July 8th. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $13.08.
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Orange Stock Performance
Hedge Funds Weigh In On Orange
Several institutional investors and hedge funds have recently modified their holdings of ORAN. Thornburg Investment Management Inc. lifted its holdings in Orange by 20.6% in the first quarter. Thornburg Investment Management Inc. now owns 909,419 shares of the technology company’s stock valued at $10,661,000 after acquiring an additional 155,549 shares during the period. Hantz Financial Services Inc. purchased a new position in shares of Orange during the 2nd quarter valued at approximately $1,411,000. Leo Wealth LLC purchased a new position in shares of Orange during the 4th quarter valued at approximately $1,225,000. American Century Companies Inc. lifted its stake in shares of Orange by 6.2% in the 2nd quarter. American Century Companies Inc. now owns 1,042,285 shares of the technology company’s stock valued at $10,412,000 after purchasing an additional 60,606 shares during the period. Finally, Brandes Investment Partners LP boosted its holdings in Orange by 2.8% during the second quarter. Brandes Investment Partners LP now owns 1,757,008 shares of the technology company’s stock worth $17,522,000 after buying an additional 48,093 shares in the last quarter.
About Orange
Orange SA 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. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.
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