International Business Machines Corporation with ticker code (IBM) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $198.12 and $115.19 suggesting an average Analsyt target price of $167.86. Given that the stocks previous close was at $188.20 this would indicate that there is a downside of -10.8%. Also worth taking note is the 50 day moving average now sits at $175.86 while the 200 day moving average is $151.13. The market cap for the company is 176.99B. The current share price for the company is: $193.06 USD
The potential market cap would be $157,858,683,685 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 23.09, revenue per share of $67.89 and a 4.71% 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.
