Brokerage Firm Rating on International Business Machines Corporation (IBM)

International Business Machines Corporation (IBM) : 19 analysts are covering International Business Machines Corporation (IBM) and their average rating on the stock is 2.63, which is read as a Hold. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. International Business Machines Corporation (IBM) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

International Business Machines Corporation (IBM) : The most positive equity analysts on International Business Machines Corporation (IBM) expects the shares to touch $186, whereas, the least positive believes that the stock will trade at $110 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $155.44 with an expected fluctuation of $21.36 from the mean.


Company shares have received an average consensus rating of Hold for the current week International Business Machines Corporation (NYSE:IBM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $162.25 and $162.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $164.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $163.53, notching a gain of 0.89% for the day. The total traded volume was 8,768,585 . The stock had closed at $162.08 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Kelly John E Iii, (Senior Vice President) of International Business Machines Corp, had unloaded 6,698 shares at an average price of $160.89 in a transaction dated on August 2, 2016. The total value of the transaction was worth $1,077,641.

International Business Machines Corporation is a technology company. The Company operates in five business segments: Global Technology Services (GTS), which includes Strategic Outsourcing, Integrated Technology Services, Cloud and Technology Support Services, and also provides information technology (IT) infrastructure and business process services; Global Business Services (GBS), which offers its services across Consulting and Systems Integration, Global Process Services and Application Management Services; Software, which consists of middleware and operating systems software; Systems and Technology (STG), which provides infrastructure technologies, and Global Financing, which provides financing solutions for products or services that are critical to the end users business operations. Its IBM Watson Health Cloud platform collects clinical, research and social data from a range of health sources and creates a cloud-based data sharing hub.

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