Oracle Corp (ORCL) Receives a Hold from UBS
In a report released today, Jennifer Swanson Lowe from UBS maintained a Hold rating on Oracle Corp (ORCL), with a price target of $57. The company’s shares closed last Monday at $53.89.
According to TipRanks.com, Lowe is a 4-star analyst with an average return of 12.3% and a 58.8% success rate. Lowe covers the Technology sector, focusing on stocks such as Salesforce.com, New Relic Inc, and Dynatrace Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Oracle Corp with a $58.94 average price target, which is an 8.5% upside from current levels. In a report released today, Monness also assigned a Hold rating to the stock.
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Oracle Corp’s market cap is currently $187.8B and has a P/E ratio of 17.55. The company has a Price to Book ratio of 8.31.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORCL in relation to earlier this year. Most recently, in July 2019, Naomi Seligman, a Director at ORCL sold 90,000 shares for a total of $5,356,800.
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