Economy

International Business Machines (IBM) - UBS Holds Rating And Sets New Price Target

International Business Machines (IBM) - UBS Holds Rating And Sets New Price Target

It has underperformed by 11.84% the S&P500. In the most recent financial results released by International Business Machines Corporation, for the quarter ending on 2017-09-30, the company posted EPS of 3.3. Therefore 33% are positive. International Business Machines Corporation now has an average analyst recommendation of 2.80 according to analysts. International Business Machines Corporation has a 52 week low of $139.13 and a 52 week high of $182.79. Finally, Park National Corp OH increased its holdings in shares of International Business Machines Corporation by 3.6% during the third quarter. RBC Capital Markets has "Hold" rating and $16000 target. Cantor Fitzgerald reaffirmed a "hold" rating and set a $154.00 price target (down from $166.00) on shares of International Business Machines Corporation in a research note on Wednesday, July 19th. The company was maintained on Tuesday, July 19 by Morgan Stanley. Societe Generale downgraded the shares of IBM in report on Wednesday, April 19 to "Sell" rating.

Wedbush maintained a Neutral rating and a $155 target price. The rating was maintained by Stifel Nicolaus with "Hold" on Monday, September 18.

More notable recent International Business Machines Corp. (NYSE:IBM) on Thursday, August 27 to "Buy" rating.

Since January 1, 0001, it had 2 insider purchases, and 0 insider sales for $20,980 activity.

Investors sentiment decreased to 0.72 in 2017 Q2. Its down 0.25, from 0.97 in 2017Q1. 91 funds opened positions while 484 raised stakes. Share performance for the month is now at 8.03%. The stock rose 1.54% or $0.36 reaching $23.8 per share. Ironically, despite its transformation being based on hot technologies like cloud computing and artificial intelligence, it will be the decades-old mainframe business that ultimately pushes IBM's top line back into positive territory. (NYSE:IBM) for 6,521 shares. For the quarter, performance is at -0.67%. Hgk Asset Mgmt has 1.61% invested in International Business Machines Corp. (NYSE:IBM). Ronna Sue Cohen holds 0.36% of its portfolio in International Business Machines Corp. Fulton Bank N.A. now owns 21,612 shares of the technology company's stock worth $3,136,000 after buying an additional 1,555 shares in the last quarter. Pineno Levin & Ford Asset Mngmt Incorporated invested in 28,174 shares. Toth Fincl Advisory holds 0.6% or 14,988 shares. Nomura Hldg owns 14,215 shares. Cibc World Mkts has 0.79% invested in International Business Machines Corp. (NYSE:IBM). Walleye Trading Lc has invested 0.02% in International Business Machines Corp. Equity Commonwealth had 9 analyst reports since August 10, 2015 according to SRatingsIntel. The ex-dividend date was Tuesday the 8th of August 2017. Only six analysts have Buy or Outperform ratings, and 15 analysts have Hold or Neutral ratings. The stock of Electro Scientific Industries, Inc. The stock has "Buy" rating by Stifel Nicolaus on Tuesday, October 10. On Monday, September 26 the stock rating was initiated by Goldman Sachs with "Neutral".

What Does Wall Street Say about Company? As per Wednesday, February 3, the company rating was upgraded by Needham.

Investors sentiment increased to 1.76 in Q2 2017. Its down 0.25, from 0.97 in 2017Q1. It fall, as 100 investors sold IBM shares while 695 reduced holdings.

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Tata Motors Limited is an automobile company. Stadion Money Management Limited Com holds 0.06% or 11,385 shares. 246,035 were reported by Invesco. It improved, as 24 investors sold STAY shares while 42 reduced holdings.

Tokio Marine Asset Management Co Ltd decreased International Business Machs (IBM) stake by 37.49% reported in 2017Q2 SEC filing.

International Business Machines Corporation insiders have sold a net of 0 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook. The stock has a market cap of 136.5 Billion. Crestwood Advsr Gp Limited Liability Corporation owns 13,674 shares. Macquarie Grp Inc Ltd owns 102,700 shares. Barrett Asset Management Ltd Liability Corporation reported 19,407 shares.

Analysts await International Paper Co (NYSE:IP) to report earnings on October, 25 before the open. Brown Advisory reported 439,545 shares stake. Principal Fin Group Inc Inc reported 0.06% of its portfolio in Extended Stay America Inc (NYSE:STAY).

Analysts await Electro Scientific Industries, Inc. They expect $1.10 earnings per share, up 20.88% or $0.19 from last year's $0.91 per share. A rating of 4 or 5 would represent a Sell recommendation.

Investment Counselors Of Maryland Llc increased Carrizo Oil & Gas Inc (NASDAQ:CRZO) stake by 262,800 shares to 761,038 valued at $13.26M in 2017Q2. (NYSE:IBM) for 981,048 shares. Bright Horizons Fam Sol In D (NYSE:BFAM) was raised too.


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