JP Morgan has upgraded Oracle Corporation (NYSE:ORCL) from Neutral to Overweight in a report released on 3/16/2017.
Showing a price of $45.79, Oracle Corporation (NYSE:ORCL) traded 0.61% higher on the day. With the last stock price close up 7.83% from the two hundred day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. ORCL has recorded a 50-day average of $41.59 and a two hundred day average of $39.92. Trade Volume was up over the average, with 18,393,959 shares of ORCL changing hands over the typical 12,081,000
Recent Performance Chart
Oracle Corporation has 52 week low of $37.62 and a 52 week high of $43.26 with a price-earnings ratio of 20.55 and has a total market value of $0.
A total of 34 equity analysts have released a research note on ORCL. Seven equity 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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