“Oracle Corporation (ORCL) has been reiterated by TheStreet Ratings as a buy with a ratings score of A . The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
,” the firm’s analyst wrote.
ORCL has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a hold rating on shares of Oracle in a research note to investors on Tuesday, February 5th. They now have a $36.50 price target on the stock. Separately, analysts at BMO Capital Markets upgraded shares of Oracle from a market perform rating to an outperform rating in a research note to investors on Friday, February 1st. They now have a $43.00 price target on the stock, up previously from $36.00. Finally, analysts at Pacific Crest set a $44.00 price target on shares of Oracle in a research note to investors on Monday, January 28th.
Twenty-seven research analysts have rated the stock with a buy rating, four have assigned an overweight rating, and fourteen have assigned a hold rating to the company. The company currently has a consensus rating of overweight and an average target price of $37.79.
Shares of Oracle opened at 35.005 on Tuesday. Oracle has a one year low of $25.33 and a one year high of $36.31. The stock’s 50-day moving average is currently $34.98. The company has a market cap of $165.7 billion and a P/E ratio of 16.46.
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