Zacks Rating on International Business Machines Corporation (IBM)

International Business Machines Corporation (IBM) : The consensus on International Business Machines Corporation (IBM) based on 19 analyst recommendation on the company stock is 2.63, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 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. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on International Business Machines Corporation (IBM).

International Business Machines Corporation (IBM) : The highest short term price target forecast on International Business Machines Corporation (IBM) is $186 and the lowest target price is $110. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $155.2 with a standard deviation of $22.09.


International Business Machines Corporation has lost 0.27% in the last five trading days and dropped 0.62% in the last 4 weeks. International Business Machines Corporation is up 8.99% in the last 3-month period. Year-to-Date the stock performance stands at 19.8%. International Business Machines Corporation (NYSE:IBM): stock turned positive on Tuesday. Though the stock opened at $160.33, the bulls momentum made the stock top out at $161.34 level for the day. The stock recorded a low of $160.23 and closed the trading day at $160.26, in the green by 0.16%. The total traded volume for the day was 2,838,137. The stock had closed at $160 in the previous days trading.

International Business Machines Corporation is a technology company. The Company operates in five business segments: Global Technology Services (GTS), which includes Strategic Outsourcing, Integrated Technology Services, Cloud and Technology Support Services, and also provides information technology (IT) infrastructure and business process services; Global Business Services (GBS), which offers its services across Consulting and Systems Integration, Global Process Services and Application Management Services; Software, which consists of middleware and operating systems software; Systems and Technology (STG), which provides infrastructure technologies, and Global Financing, which provides financing solutions for products or services that are critical to the end users business operations. Its IBM Watson Health Cloud platform collects clinical, research and social data from a range of health sources and creates a cloud-based data sharing hub.

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