Analyst Rating Update on Oracle Corporation (ORCL)

Oracle Corporation (ORCL) has an average broker rating of 1.96, which is interpreted as a Buy, as rated by 27 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 11 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 3, which is also a Hold. 1 considers that the stock is a Sell.

Oracle Corporation (ORCL) : Currently there are 22 street experts covering Oracle Corporation (ORCL) stock. The most bullish and bearish price target for the stock is $52 and $31 respectively for the short term. The average price target of all the analysts comes to $45.05. The estimated standard deviation from the target is $4.92.

For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Atlantic Equities downgrades its rating on Oracle Corporation (NYSE:ORCL). The shares have been rated Neutral. Previously, the analysts had a Overweight rating on the shares. 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 $40.71 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $40.62, the stock touched an intraday high of $40.85 and a low of $40.60. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $40.71. The total trading volume on Wednesday was 12,350,485.

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

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