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Shares of Oracle (NASDAQ:ORCL) have received an average recommendation of “Hold” from the thirty-eight analysts that are covering the company, American Banking and Market News reports. Two research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and fifteen have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $41.16.

ORCL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Oracle in a research note on Wednesday, May 21st. They now have a $44.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Oracle in a research note on Monday, May 19th. They now have a $45.00 price target on the stock, down previously from $48.00. Finally, analysts at Deutsche Bank raised their price target on shares of Oracle from $45.00 to $48.00 in a research note on Monday, May 19th. They now have a “buy” rating on the stock.

In other Oracle news, Director Hector Garcia-Molina sold 2,500 shares of the company’s stock on the open market in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $41.83, for a total transaction of $104,575.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $209,150. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Oracle (NASDAQ:ORCL) traded down 0.35% during mid-day trading on Wednesday, hitting $41.765. The stock had a trading volume of 2,557,795 shares. Oracle has a 1-year low of $29.86 and a 1-year high of $42.35. The stock’s 50-day moving average is $40.80 and its 200-day moving average is $38.13. The company has a market cap of $186.2 billion and a price-to-earnings ratio of 17.52.

Oracle (NASDAQ:ORCL) last released its earnings data on Tuesday, March 18th. The company reported $0.68 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.70 by $0.02. The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.36 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts expect that Oracle will post $2.91 EPS for the current fiscal year.

Oracle Corporation is a provider of enterprise software and computer hardware products and services. The Company provides cloud services as well as software and hardware products to other cloud service providers, both public and private.

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