International Business Machines Corporation with ticker code (IBM) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between 162 and 110 with the average target price sitting at $143.75. Now with the previous closing price of $146.83 this would imply there is a potential downside of -2.1%. Also worth taking note is the 50 day moving average now sits at $139.60 and the 200 day moving average is $135.68. The market capitalization for the company is 134.77B. The current share price for the company is: 147.94 USD
The potential market cap would be $131,947,124,571 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 62.95, revenue per share of 66.75 and a 4.11% 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.
