Brokerage Firm Rating Update on Oracle Corporation (ORCL)

Oracle Corporation (ORCL) has an average broker rating of 1.92, which is interpreted as a Buy, as rated by 26 equity analysts. Nonetheless, 14 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 1 considers that the stock is a Sell.

Oracle Corporation (ORCL) : The highest short term price target forecast on Oracle Corporation (ORCL) is $52 and the lowest target price is $31. A total of 21 equity analysts are currently covering the company. The average price of all the analysts is $45.38 with a standard deviation of $4.78.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Atlantic Equities downgrades its outlook on Oracle Corporation (NYSE:ORCL). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Overweight. The rating by the firm was issued on July 19, 2016.

Oracle Corporation (NYSE:ORCL): The stock was completely flat for the day, closing at $41.25 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $41.14, the stock touched an intraday high of $41.31 and a low of $40.95. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $41.25. The total trading volume on Wednesday was 10,415,336.

Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products, and services. The Companys offerings include Oracle database and middleware software, application software, cloud infrastructure, hardware systems including computer server, storage and networking products, and related services. It operates through various segments, including new software licenses and cloud software subscriptions, which include software licenses and Oracle Cloud offerings; cloud infrastructure-as-a-service, which provides deployment and management offerings; software license updates and product support, which includes support, enhancements and upgrades for Oracle software products; hardware systems products, which includes servers, storage, networking, virtualization software, operating systems and management software; hardware systems support, which provides software updates for software components, and services business, which offers consulting services

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *