International Business Machines Corporation with ticker code (IBM) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $179.00 and $110.00 and has a mean target at $145.79. Given that the stocks previous close was at $153.06 this is indicating there is a potential downside of -4.7%. It’s also worth noting that there is a 50 day moving average of $144.33 while the 200 day moving average is $135.98. The market capitalization for the company is 139.61B. The stock price is currently at: $152.89 USD
The potential market cap would be $132,975,751,736 based on the market consensus.
The company has a dividend yield of 5.22%. Other points of data to note are a P/E ratio of 19.73, revenue per share of $67.30 and a 4.55% return on assets.
International Business Machines Corporation (IBM) is a provider of hybrid cloud and artificial intelligence (AI), and business services. It provides integrated solutions and products that use data, information technology in industries and business processes. Its segments include Software, Consulting, Infrastructure and Financing. Software segment comprises two business areas: Hybrid Platform & Solutions, which includes software to help clients operate, manage and optimize their IT resources and business processes within hybrid, multi-cloud environments, and transaction processing, which includes software that supports clients’ mission-critical, on-premises workloads in industries such as banking, airlines and retail. Consulting segment is engaged in business transformation, technology consulting and application operations. Infrastructure segment is engaged in hybrid infrastructure and infrastructure support. Financing segment is engaged in client financing and commercial financing.
