Analysts See International Business Machines Corporation (NYSE:IBM) Rising 8.4%

Analysts See International Business Machines Corporation (NYSE:IBM) Rising 8.4%

Looking out over the past year, company shares have been recorded -12.26% off the 52 week high and 15.27% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of International Business Machines Corporation (NYSE:IBM). The Saratoga Research & Investment Management holds 234,458 shares with $36.07 million value, up from 214,505 last quarter.

Investors are more bullish on International Business Machines of late if you evaluate the decrease in short interest. In recent trading activity, company stock has moved 2.36% touching the price of $186.19. International Business Machines Corp. The rating was initiated by Guggenheim on Wednesday, January 4 with "Neutral". It has underperformed by 11.84% the S&P500. As of the latest earnings report the EPS was $12.05 and is projected to be $13.75 for the current year with 931,940,000 shares now outstanding. EQC's profit would be $31.03M giving it 30.05 P/E if the $0.25 EPS is correct. About 109,606 shares traded. (NYSE:IBM) rating on Tuesday, October 18. It has underperformed by 18.05% the S&P500.

Equity Commonwealth is an internally managed and self-advised real estate investment trust. The Firm is engaged in the ownership and operation primarily of office buildings across the United States. Unlike P/E, the ratio isn't affected by the chosen depreciation methods, making it suitable for geographic comparison. Of the analysts who provided ratings, 9 rated the company a Hold, 3 rated it a Strong Sell, 1 rated it a Moderate Buy, 1 rated it a Moderate Sell, and 4 rated it a Strong Buy. Therefore 33% are positive. Cardtronics had 13 analyst reports since August 14, 2015 according to SRatingsIntel.

Citigroup has a Neutral rating but raised its target to $165 from $160. The stock has "Hold" rating by William Blair on Monday, September 25. Argus Research maintained the shares of IBM in report on Friday, July 21 with "Buy" rating. JP Morgan maintained the shares of CATM in report on Friday, August 14 with "Overweight" rating. They set a "neutral" rating on the stock.

When selecting potential stocks to buy, many investors want to find out what Wall Street professionals are thinking about the company beforehand - like what the average analyst rating is. Analysts have also given a consensus recommendation on the stock of 2.80. 1,718 shares were bought by OWENS JAMES W, worth $263,180 on Tuesday, May 16.

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Jefferies still has its Underperform rating, but it noted that the software revenues growing 1% is a positive inflection following 13 consecutive quarters of declines.

Investors sentiment decreased to 0.81 in Q2 2017. Its down 0.25, from 0.97 in 2017Q1. 91 funds opened positions while 484 raised stakes. South Texas Money Management Limited holds 0.02% or 3,162 shares in its portfolio. Hgk Asset Mgmt has 1.61% invested in International Business Machines Corp. (NYSE:IBM). Meridian Inv Counsel Inc reported 7,506 shares stake. 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported. Logan Capital Management Incorporated holds 132,226 shares. 31,144 were accumulated by Norris Perne And French Llp Mi. Finally, Grisanti Capital Management LLC increased its stake in International Business Machines Corporation by 2.0% in the first quarter. The legal version of this news story can be read at https://weekherald.com/2017/10/18/fy2018-earnings-estimate-for-international-business-machines-corporation-issued-by-keycorp-ibm.html. It is negative, as 100 investors sold IBM shares while 695 reduced holdings. Jpmorgan Chase holds 0% or 94,268 shares in its portfolio. International Business Machs now has $149.46B valuation. (NYSE:IBM) for 38,674 shares. Sumitomo Mitsui Inc holds 650,500 shares. Boston Family Office Limited Co has 0.45% invested in International Business Machines Corp.

International Business Machines Corporation (NYSE:IBM) last released its quarterly earnings results on Tuesday, October 17th. The stock witnessed 1.38% gains, -0.67% declines and -9.37% declines for the 1-month, 3-month and 6-month period, respectively.

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