International Business Machines Corporation Share Price Target ‘$160.03’, now -16.0% Downside Potential

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International Business Machines Corporation with ticker code (IBM) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $197.89 and $114.13 calculating the average target share price we see $160.03. (at the time of writing). Now with the previous closing price of $190.43 this now indicates there is a potential downside of -16.0%. The 50 day MA is $162.39 and the 200 day moving average is $143.60. The total market capitalization for the company now stands at 171.14B. The current share price for the company is: $187.42 USD

The potential market cap would be $143,816,709,551 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, revenue per share of $67.89 and a 4.47% 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.

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