Published On: Wed, Oct 19th, 2016

New Analyst Ratings On International Business Machines Corporation (NYSE:IBM)


Recently stock market analysts have updated their consensus ratings on shares of International Business Machines Corporation (NYSE:IBM).

Most recent broker ratings

10/18/2016 – International Business Machines Corporation had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 145 price target on the stock.

10/18/2016 – International Business Machines Corporation had its “underweight” rating reiterated by analysts at Barclays. They now have a USD 135 price target on the stock.

10/18/2016 – International Business Machines Corporation had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 179 price target on the stock.

10/18/2016 – International Business Machines Corporation had its “hold” rating reiterated by analysts at Cantor Fitzgerald. They now have a USD 156 price target on the stock.

10/18/2016 – International Business Machines Corporation had its “buy” rating reiterated by analysts at Drexel Hamilton. They now have a USD 186 price target on the stock.

10/18/2016 – International Business Machines Corporation had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 160 price target on the stock.

10/18/2016 – International Business Machines Corporation had its “market perform” rating reiterated by analysts at Wells Fargo. They now have a USD 155 price target on the stock.

10/17/2016 – International Business Machines Corporation had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 165 price target on the stock.

10/12/2016 – International Business Machines Corporation had its “underperform” rating reiterated by analysts at Credit Suisse. They now have a USD 110 price target on the stock.

10/11/2016 – International Business Machines Corporation had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 147 price target on the stock.

10/07/2016 – International Business Machines Corporation had its “market perform” rating reiterated by analysts at Sanford C. Bernstein. They now have a USD 140 price target on the stock.

09/26/2016 – International Business Machines Corporation was upgraded to “hold” by analysts at Societe Generale.

08/16/2016 – Oppenheimer began new coverage on International Business Machines Corporation giving the company a “perform” rating.

07/25/2016 – International Business Machines Corporation had its “hold” rating reiterated by analysts at Standpoint Research.

07/19/2016 – International Business Machines Corporation had its “neutral” rating reiterated by analysts at UBS. They now have a USD 160 price target on the stock.

International Business Machines Corporation has a 50 day moving average of 156.49 and a 200 day moving average of 154.34. The stock’s market capitalization is 144.06B, it has a 52-week low of 116.90 and a 52-week high of 165.00.

The share price of the company (NYSE:IBM) was down -2.62% during the last trading session, with a high of 151.00 and the volume of International Business Machines Corporation shares traded was 12770570.

International Business Machines Corporation (IBM) is a technology company. The Company operates through five segments: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems Hardware and Global Financing. The Company’s GTS segment offers services, including strategic outsourcing, integrated technology services, cloud and technology support services (maintenance services). Its GBS segment provides consulting and systems integration, application management services and process services. The software segment consists primarily of middleware and operating systems software. The Systems Hardware segment provides clients with infrastructure technologies. The Company’s Global Financing segment includes client financing, commercial financing, and remanufacturing and remarketing.