Ingram Micro (NYSE:IM) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.8 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Ingram Micro (NYSE:IM): The stock price is expected to reach $ 35.5 in the short term. The number of analysts agreeing with this consensus is 2. The higher estimate for the short term price target is at $36 while the lower estimate is at $35. The standard deviation of the price stands at $0.71.
Ingram Micro (NYSE:IM) rose 0.66% or 0.23 points on Tuesday and made its way into the gainers of the day. After trading began at $35.05 the stock was seen hitting $35.23 as a peak level and $34.92 as the lowest level. The stock ended up at $35.18. The daily volume was measured at 1,200,758 shares. The 52-week high of the share price is $36.66 and the 52-week low is $23.7. The company has a market cap of $5,225 million.
Shares of Ingram Micro Inc. rose by 0.89% in the last five trading days and 4.11% for the last 4 weeks. Ingram Micro Inc. has dropped 3.27% during the last 3-month period . Year-to-Date the stock performance stands at 15.8%.
Ingram Micro Inc. (Ingram Micro) is an information technology (IT) supply chain management, mobile device lifecycle services and logistics solutions company. The Company distributes and markets technology products all over the world from the industrys computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers, software publishers, and other suppliers of computer peripherals, consumer electronics (CE), unified communication and collaboration, automatic identification and data capture (AIDC)/point-of-sale (POS), and physical security products. The Company has operations in 38 countries, spanning all global regions: North America, Europe, Asia-Pacific and Latin America. The Company also operates support centers in Argentina, Bulgaria, Costa Rica, India, Philippines and Puerto Rico.