Recent Analysts’ Ratings Updates for Oracle (ORCL)
A number of stock research firms have changed their ratings and price targets for Oracle (NASDAQ: ORCL) during the last seven days:
- Oracle had its “overweight” rating reaffirmed by analysts at Barclays. They now have a $47.00 price target on the stock, up previously from $44.00.
- Oracle had its price target raised by analysts at RBC Capital from $35.00 to $40.00. They now have a “sector perform” rating on the stock.
- Oracle had its price target raised by analysts at Canaccord Genuity from $43.00 to $48.00. They now have a “buy” rating on the stock.
- Oracle was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $41.00 price target on the stock, down previously from $44.00.
- Oracle had its “buy” rating reaffirmed by analysts at Goldman Sachs.
- Oracle had its price target raised by analysts at Susquehanna from $45.00 to $47.00. They now have a “positive” rating on the stock.
Oracle Co. (NASDAQ:ORCL) traded down 0.77% on Thursday, hitting $40.15. The stock had a trading volume of 16,642,747 shares. Oracle Co. has a 52-week low of $29.95 and a 52-week high of $43.19. The stock’s 50-day moving average is $41.83 and its 200-day moving average is $39.16. The company has a market cap of $179.7 billion and a price-to-earnings ratio of 17.00.
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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