RBC Capital Keeps a Hold Rating on Oracle Corp (ORCL)

In a report released today, Alex Zukin from RBC Capital 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, Zukin is a top 100 analyst with an average return of 24.8% and a 74.3% success rate. Zukin covers the Technology sector, focusing on stocks such as Zoom Video Communications Inc Class A, Coupa Software Inc, and Salesforce.com.

Oracle Corp has an analyst consensus of Hold, with a price target consensus of $58.36, a 7.4% 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.

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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