Oracle (NYSE:ORCL) Has Target Of $54 Give by Analysts at Raymond James. “Outperform” Didn’t change.

June 29, 2018 - By Mary Anderson

Oracle Corporation (NYSE:ORCL) Corporate Logo

During 2018 Q1 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 turned negative. 449 rose holdings while 118 funds bought holdings. Funds hold 2.24 billion shares thus 1.97% less from 2017Q4’s 2.29 billion shares.

Covey Advsr Ltd Limited Liability Company invested 0.31% in Oracle Corporation (NYSE:ORCL). Janney Cap Management Ltd Liability Co has 0.01% invested in Oracle Corporation (NYSE:ORCL). Walleye Trading has invested 0.04% in Oracle Corporation (NYSE:ORCL). Jupiter Asset Mgmt holds 0.26% of its capital in Oracle Corporation (NYSE:ORCL) for 188,868 shs. Levin Cap Strategies L P stated it has 0.15% of its capital in Oracle Corporation (NYSE:ORCL). Motley Fool Asset Ltd Liability Corp reported 0.25% stake. Green Square Cap Limited Company holds 4,852 shs. Buckhead Capital Mgmt Ltd Limited Liability Company accumulated 27,944 shs or 0.28% of the stock. Element Capital Limited Liability holds 489,322 shs or 0.52% of its capital. Cadence Management Limited Company owns 28,976 shs. Grantham Mayo Van Otterloo Limited Com owns 15.27M shs or 4.27% of their US capital. Whitnell owns 62,515 shs or 1.2% of their US capital. Wunderlich Capital Managemnt reported 0.87% stake. Valley Natl Advisers invested 0.15% in Oracle Corporation (NYSE:ORCL). Capwealth Advsrs Lc holds 0.39% or 46,221 shs in its capital.

Reiterated Oracle (NYSE:ORCL) Rating.

Oracle (NYSE:ORCL) had $54 TP given by Raymond James in a research report issued on Thursday, 28 June. Equity research analysts’s target price would indicate a potential upside of 22.59 % from the company’s stock close price.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Total analysts of 23 have positions in Oracle (NYSE:ORCL) as follows: 11 rated it a “Buy”, 0 with “Sell” and 12 with “Hold”. The positive are 48%. Since January 3, 2018 according to StockzIntelligence Inc Oracle has 25 analyst reports. On Wednesday, June 20 the firm has “Hold” rating by Wedbush given. On Tuesday, March 20 Bank of America downgraded Oracle Corporation (NYSE:ORCL) to “Neutral” rating. On Wednesday, June 20 the rating was maintained by Stifel Nicolaus with “Hold”. On Tuesday, March 20 KeyBanc Capital Markets downgraded the shares of ORCL in report to “Sector Weight” rating. On Thursday, June 28 Raymond James maintained Oracle Corporation (NYSE:ORCL) with “Outperform” rating. In Tuesday, March 20 report Credit Suisse maintained it with “Outperform” rating and $60 target. The company rating was maintained by UBS on Wednesday, June 20. On Tuesday, March 20 BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) with “Outperform” rating. The stock rating was maintained by Bernstein with “Buy” on Wednesday, June 20. On Monday, March 12 Barclays Capital maintained Oracle Corporation (NYSE:ORCL) rating. Barclays Capital has “Overweight” rating and $60 target.

ORCL hit $44.05 during the last trading session after $0.21 change.Currently Oracle Corporation is uptrending after 3.98% change in last June 29, 2017. ORCL has 7.79 million shares volume. 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.48.94 is the P/E ratio. 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 posted briefly go to: Seekingalpha.com, 247Wallst.com, Seekingalpha.com, Streetinsider.com or Fool.com. The titles are as follows: “No Love For Oracle: Is There An Opportunity?” posted on June 10, 2018, “Jefferies Says Value Stocks Are Very Cheap: 4 Top Picks to Buy Now” on June 27, 2018, “Oracle Hit From All Sides: IaaS Cloud And Programmatic” with a publish date: June 25, 2018, “UPDATE: Oracle (ORCL) PT Lowered to $59 at Nomura/Instinet” and the last “Oracle’s “Nothing Burger” Causes Heartburn for Investors” with publication date: June 24, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Investors Chart

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