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A statement released earlier today by Jefferies & Co about Oracle Corporation (NYSE:ORCL) bumps the target price to $61.00

Jefferies & Co bumped up the target of Oracle Corporation (NYSE:ORCL) to $61.00 stating a potential upside of 0.24%.

On 09/12/2017, RBC Capital Markets released a statement for Oracle Corporation (NYSE:ORCL) bumped up the target price from $53.00 to $56.00 that suggested an upside of 0.06%.

Boasting a price of $49.01, Oracle Corporation (NYSE:ORCL) traded -6.53% lower on the day. With the last stock price close up 5.14% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Oracle Corporation has recorded a 50-day average of $50.01 and a two hundred day average of $46.93. Volume of trade was up over the average, with 21,967,845 shares of ORCL changing hands over the typical 13,180,100

Performance Chart

Oracle Corporation (NYSE:ORCL)

With a total market value of $0, Oracle Corporation has price-earnings ratio of 22.33 with a one year low of $37.62 and a one year high of $53.14 .

A total of 34 equity analysts have released a research note on ORCL. Seven equity analysts rating the company a strong buy, fifteen equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $43.91.

Brief Synopsis About Oracle Corporation (NYSE:ORCL)

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company's businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support. Its hardware business consists of two segments, including hardware products and hardware support. The Company's services business includes the remainder of the Company's segments. Its services business includes activities, such as consulting services, enhanced support services and education services, among others.

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