KeyBanc Maintains a Hold Rating on Oracle Corp (ORCL)

By Carrie Williams

KeyBanc analyst Brent Bracelin maintained a Hold rating on Oracle Corp (ORCLResearch Report) yesterday. The company’s shares closed yesterday at $52.68.

According to TipRanks.com, Bracelin is a top 25 analyst with an average return of 30.1% and a 76.2% success rate. Bracelin covers the Technology sector, focusing on stocks such as Tyler Technologies, Coupa Software Inc, and Salesforce.com.

Currently, the analyst consensus on Oracle Corp is a Hold with an average price target of $55.60, a 5.5% upside from current levels. In a report issued on June 13, Monness also maintained a Hold rating on the stock.

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Oracle Corp’s market cap is currently $181.4B and has a P/E ratio of 19.09. The company has a Price to Book ratio of 7.65.

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