Zacks Rating on EMC Corporation (EMC)

EMC Corporation (EMC) : The consensus on EMC Corporation (EMC) based on 21 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

EMC Corporation (EMC) : The highest short term price target forecast on EMC Corporation (EMC) is $32 and the lowest target price is $26. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $29.47 with a standard deviation of $1.54.


EMC Corporation has dropped 0.21% in the last five trading days, however, the shares have posted positive gains of 0.25% in the last 4 weeks. EMC Corporation is up 3.16% in the last 3-month period. Year-to-Date the stock performance stands at 12.45%. EMC Corporation (NYSE:EMC): The stock was completely flat for the day, closing at $28.63 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $28.65, the stock touched an intraday high of $28.70 and a low of $28.34. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $28.63. The total trading volume on Tuesday was 15,993,647.

EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.