Orange SA’s (ORA) “Buy” Rating Reaffirmed at Citigroup Inc.

Citigroup Inc. restated their buy rating on shares of Orange SA (EPA:ORA) in a report published on Tuesday morning.

ORA has been the topic of several other research reports. J P Morgan Chase & Co reiterated a buy rating on shares of Orange SA in a research note on Thursday, October 13th. Morgan Stanley set a €20.50 ($21.58) price objective on shares of Orange SA and gave the stock a buy rating in a research note on Friday, December 16th. Credit Suisse Group set a €16.50 ($17.37) price objective on shares of Orange SA and gave the stock a buy rating in a research note on Friday, October 7th. HSBC set a €15.50 ($16.32) target price on shares of Orange SA and gave the stock a neutral rating in a research note on Monday, October 3rd. Finally, Barclays PLC set a €19.00 ($20.00) target price on shares of Orange SA and gave the stock a buy rating in a research note on Thursday, September 15th. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Orange SA has an average rating of Buy and an average target price of €17.55 ($18.47).

Orange SA (EPA:ORA) traded up 0.27% during trading on Tuesday, reaching €14.65. 5,397,032 shares of the company’s stock were exchanged. Orange SA has a 12-month low of €12.38 and a 12-month high of €16.67. The stock’s 50-day moving average is €13.96 and its 200-day moving average is €13.92. The company has a market cap of €38.96 billion and a P/E ratio of 8.51.

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About Orange SA

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.

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