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Societe Generale Keeps a Hold Rating on Oracle Corp (ORCL)


Societe Generale analyst Richard Nguyen maintained a Hold rating on Oracle Corp (NYSE: ORCL) today and set a price target of $50. The company’s shares opened today at $48.23.

Nguyen has an average return of 7.9% when recommending Oracle Corp.

According to TipRanks.com, Nguyen is ranked #2218 out of 4847 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oracle Corp with a $54.44 average price target, representing a 12.9% upside. In a report issued on August 9, UBS also maintained a Hold rating on the stock with a $51 price target.

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The company has a one-year high of $53.48 and a one-year low of $42.57. Currently, Oracle Corp has an average volume of 18.31M.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. Last month, Naomi Seligman, a Director at ORCL sold 45,000 shares for a total of $2,164,050.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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