Gartner with ticker code (IT) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 340 and 265 with the average target price sitting at 303.86. Now with the previous closing price of 241.21 this is indicating there is a potential upside of 26.0%. The day 50 moving average is 255.02 and the 200 moving average now moves to 292.84. The company has a market capitalisation of $19,472m. Company Website: https://www.gartner.com
The potential market cap would be $24,529m based on the market concensus.
Gartner operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts. The Conferences segment offers business professionals in an organization the opportunity to learn, share, and network. The Consulting segment offers market research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner was founded in 1979 and is headquartered in Stamford, Connecticut.
