Raymond James Have Target Price per Share $54 on Oracle (NYSE:ORCL). Equity Analysts Reiterate firms “Outperform” rating.

June 29, 2018 - By Andre Harris

Oracle Corporation (NYSE:ORCL) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.87. That’s change of 0.28, from 2017Q4’s 1.15. 83 investors sold all, 569 reduced holdings as Oracle Corporation ratio worsened. 449 rose positions while 118 funds amassed positions. Funds hold 2.24 billion shares thus 1.97% less from 2017Q4’s 2.29 billion shares.

Mogy Joel R Investment Counsel holds 233,177 shs or 1.66% of its capital. Ubs Asset Mgmt Americas owns 11.86 million shs or 0% of their US capital. Bkd Wealth Advsrs Limited Liability Company has 0.08% invested in Oracle Corporation (NYSE:ORCL) for 17,613 shs. Financial Bank Of Montreal Can invested 0.2% in Oracle Corporation (NYSE:ORCL). Accredited Incorporated, a Minnesota-based fund reported 16,664 shs. Covington Cap Mgmt reported 108,706 shs stake. Moreover, Sigma Planning Corporation has 0.08% invested in Oracle Corporation (NYSE:ORCL). Connable Office Incorporated accumulated 65,299 shs. Janney Capital Mngmt Ltd Co owns 5,286 shs. Eagle Glob Advisors Limited Co has invested 0.01% of its capital in Oracle Corporation (NYSE:ORCL). Covington Advsr Incorporated invested in 101,315 shs or 1.49% of the stock. Hellman Jordan Management Inc Ma reported 2.06% stake. Markston Limited Liability reported 1.22% in Oracle Corporation (NYSE:ORCL). The California-based Poplar Forest Cap Ltd Limited Liability Company has invested 0.03% in Oracle Corporation (NYSE:ORCL). 41,105 are held by Alphaone Service Limited Liability.

Reiterated Oracle (NYSE:ORCL) Rating.

In a report sent to investors and clients by Raymond James’s equity research analysts, Oracle (NYSE:ORCL) had it’s stock Rating restate to “Outperform”. On Thursday morning it has $54 or 22.59 % target price per share that would suggest a potential upside move.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

In total 23 analysts cover Oracle (NYSE:ORCL). “Buy” rating has 11, “Sell” are 0, while 12 are “Hold”. 48% are bullish. 25 are the (NYSE:ORCL)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. In Thursday, February 15 report Piper Jaffray maintained it with “Buy” rating and $57.0 target. On Wednesday, June 20 the rating was maintained by Stifel Nicolaus with “Hold”. On Wednesday, June 20 the company was downgraded by Rosenblatt. On Tuesday, March 20 the stock of Oracle Corporation (NYSE:ORCL) has “Outperform” rating given by BMO Capital Markets. On Tuesday, March 20 the rating was downgraded by Stifel Nicolaus to “Hold”. On Tuesday, March 20 Bank of America downgraded Oracle Corporation (NYSE:ORCL) to “Neutral” rating. On Thursday, June 14 the stock has “Buy” rating by Nomura. On Tuesday, March 20 the stock has “Outperform” rating by Credit Suisse. On Wednesday, January 3 the stock of Oracle Corporation (NYSE:ORCL) has “Overweight” rating given by Morgan Stanley. In Wednesday, June 20 report UBS maintained it with “Neutral” rating and $48 target.

Ticker’s shares touched $44.05 during the last trading session after 0.48% change.Oracle Corporation has volume of 7.79 million shares. Since June 29, 2017 ORCL has risen 3.98% and is uptrending. The stock underperformed the S&P 500 by 8.59%.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide.The firm is valued at $175.37 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.The P/E ratio is 48.94. The firm licenses its Oracle Database software, which enables storage, retrieval, and manipulation of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes.

For more Oracle Corporation (NYSE:ORCL) news brought out recently go to: Streetinsider.com, 247Wallst.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “UPDATE: Oracle (ORCL) PT Lowered to $59 at Nomura/Instinet” brought out on June 29, 2018, “Jefferies Says Value Stocks Are Very Cheap: 4 Top Picks to Buy Now” on June 27, 2018, “Oracle: The Street Proves To Be Short-Sighted” with a publish date: June 20, 2018, “Oracle’s “Nothing Burger” Causes Heartburn for Investors” and the last “Oracle Hit From All Sides: IaaS Cloud And Programmatic” with publication date: June 25, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Investors Chart

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