Price Target Watch: International Business Machines Corporation (NYSE:IBM), Fitbit Inc (NYSE:FIT)

International Business Machines Corporation (NYSE:IBM) shares have a current ABR (average broker recommendation) of 2.88. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of International Business Machines Corporation (NYSE:IBM). The highest current target is $200. The lowest price target out of the polled analysts is presently $125. The consensus target price is currently noted at $165.666. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, International Business Machines Corporation (NYSE:IBM) is expected to post quarterly earnings per share of $3.28. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-10-16. International Business Machines Corporation (NYSE:IBM) most recently reported quarterly EPS of $2.97 for the quarter ending 2017-06-30. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 8.79%.

Fitbit Inc (NYSE:FIT) shares have a current ABR (average broker recommendation) of N/A. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Fitbit Inc (NYSE:FIT). The highest current target is $N/A. The lowest price target out of the polled analysts is presently $N/A. The consensus target price is currently noted at $N/A. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Fitbit Inc (NYSE:FIT) is expected to post quarterly earnings per share of $N/A. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around N/A. Fitbit Inc (NYSE:FIT) most recently reported quarterly EPS of $N/A for the quarter ending N/A. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of N/A%.

Leave a Comment