Gartner with ticker code (IT) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 381 and 339 with a mean TP of 354.17. Now with the previous closing price of 278.05 this would imply there is a potential upside of 27.4%. There is a 50 day moving average of 319.31 and the 200 moving average now moves to 279.21. The company has a market capitalisation of $23,031m. Find out more information at: https://www.gartner.com
The potential market cap would be $29,336m 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 offers objective insights and advice on the priorities of various leaders in a range of functional areas of the enterprise through reports, briefings, proprietary tools, access to research expert, peer networking services, and membership programs that enable clients to drive organizational performance. This segment delivers its research primarily through a subscription service. 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.