A statement released earlier today by Vetr Inc. about Oracle Corporation (NYSE:ORCL) bumps the target price to $42.91
- Updated: September 27, 2016
Stating a potential upside of 0.10%, Vetr Inc. upped the price target of Oracle Corporation (NYSE:ORCL) to $42.91
On 09/23/2016, Stifel Nicolaus released a statement on Oracle Corporation (NYSE:ORCL) dropped the target price from $48.00 to $45.00 that suggested an upside of 0.14%.
Having a price of $39.09, Oracle Corporation (NYSE:ORCL) traded 0.69% higher on the day. With the last close down -2.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Oracle Corporation has recorded a 50-day average of $40.64 and a two hundred day average of $40.38. Volume of trade was down over the average, with 10,644,622 shares of ORCL changing hands under the typical 12,178,200
With a total market value of $0, Oracle Corporation has price-earnings ratio of 18.67 with a one year low of $33.13 and a one year high of $42.00 .
A total of 34 analysts have released a report on Oracle Corporation. Seven analysts rating the company a strong buy, fifteen analysts rating the company a buy, fourteen analysts rating the company a hold, four analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $43.91.
More 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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