Orange (NYSE:ORAN): Argus Reiterates “Buy” Rating Today, Has a Target of $19/Share

September 8, 2018 - By Victoria Pittman

Orange S.A. (NYSE:ORAN) Logo

Orange (NYSE:ORAN) Rating Reaffirmed

Equities researchers at Argus now has a $19 PT on Orange (NYSE:ORAN). Argus and their recent PT would suggest a potential upside of 20.79 % from the company’s stock close price. The rating has been shown in an analyst report on Friday, 7 September.

The stock increased 0.06% or $0.01 during the last trading session, reaching $15.73. About 151,965 shares traded. Orange S.A. (NYSE:ORAN) has declined 1.02% since September 8, 2017 and is downtrending. It has underperformed by 13.59% the S&P500.

Orange S.A. 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 has market cap of $41.59 billion. It offers mobile, fixed-line telephony, fixed broadband, business solutions and networks, and carrier services; sells mobile devices, equipment, and accessories; and sells and rents fixed-line equipment. It has a 17.96 P/E ratio. The firm also provides voice services, voice over Internet protocol products, and audio conferencing services, as well as incoming traffic for call centers; and data services, including IP-VPN, as well as broadband infrastructure products, such as satellites or fiber optic access.

Another recent and important Orange S.A. (NYSE:ORAN) news was published by Seekingalpha.com which published an article titled: “Orange: Strong Business, Stable Dividends” on August 14, 2018.

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