Analyst Rating Update on Gartner (IT)

Gartner (NYSE:IT) : Zacks Investment Research ranks Gartner (NYSE:IT) as 1, which is a Strong Buy recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 2.11, which indicates as a Buy.

Gartner (NYSE:IT) : 7 investment research analysts covering Gartner (NYSE:IT) have an average price target of $99.71 for the near short term. The highest target price given by the Brokerage Firm to the stock is $111 and the lowest target is $88 for the short term. Analysts expect the variance to be within $9.57 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.

Gartner (NYSE:IT): stock turned positive on Tuesday. Though the stock opened at $93.37, the bulls momentum made the stock top out at $94.35 level for the day. The stock recorded a low of $93.29 and closed the trading day at $93.78, in the green by 1.53%. The total traded volume for the day was 986,895. The stock had closed at $92.37 in the previous days trading.

In an insider trading activity,The officer (SVP, Events) of Gartner Inc, Dawkins Alwyn sold 2,000 shares at $100.66 on June 10, 2016. The Insider selling transaction had a total value worth of $201,320. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Gartner, Inc. is an information technology (IT) research and advisory company. The Company has three business segments: Research, Consulting and Events. Research segment provides objective insight on critical and timely technology and supply chain initiatives for CIOs (Chief Information Officers), other IT professionals, supply chain leaders, digital marketing professionals, technology companies and the institutional investment community through reports, briefings, tools, access to its analysts, peer networking services and membership programs. Consulting segment provides customized solutions to client needs through on-site, day-to-day support, as well as tools for measuring and improving IT performance with a focus on cost, performance, efficiency and quality. Events segment provides IT, supply chain and business professionals the opportunity to attend various symposia, conferences and exhibitions to learn, contribute and network with the peers.

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