Oracle (NYSE:ORCL) target price reduced to $46.00, reported today by BMO Capital
- Updated: September 15, 2016
Showing a price of $40.86, Oracle (NYSE:ORCL) traded 1.52% higher on the day. The last stock close is up 1.43% relative to the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the same period. Oracle has recorded a 50-day average of $41.04 and 200-day average of $40.28. 19,092,475 shares of ORCL traded, up from ann avg. trading volume of 12,912,400
In an issued report on 9/16/2016 BMO Capital fell the target price of Oracle (NYSE:ORCL) from $47 to $46 indicating a possible upsideof 0.13%.
Previously on Wednesday September 14 2016, Vetr Inc. released a statement about Oracle(NYSE:ORCL) upped the target price from $0.00 to $45.08. At the time, this suggested an upside of 0.12%.
In addition to BMO Capital reporting it’s target price, a total of 34 firms have issued a ratings update on the company. The one year target is $43.91 with seven firms rating the stock a strong buy, 15 firms rating the company a buy, 14 analysts rating the stock a hold, four analysts rating the company to underperform, and finally one brokerage rating the stock as sell.
With a market cap of $0.0, Oracle has a 52 week low of $33.13 and a 52 week high of $42.00 with a P/E ratio of 20.
More About Oracle (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, and among others.
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