Zacks Investment Research downgraded Gartner Inc (NYSE:IT) to Sell in a report released today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded Gartner Inc (NYSE:IT) to Sell in a report released on Wednesday October 05, 2016.
Previously on 08/26/2016, Macquarie Research reported on Gartner Inc (NYSE:IT) raised the target price from $0.00 to $108.00. At the time, this indicated a possible upside of 0.19%.
Yesterday Gartner Inc (NYSE:IT) traded -0.69% lower at $88.28. The company’s 50-day moving average is $89.87 and its 200-day moving average is $93.84. The last closing price is down -6.65% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 359,928 shares of the stock were exchanged, up from an average trading volume of 311,311
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Gartner Inc has a 52 week low of $77.80 and a 52 week high of $103.00 with a P/E ratio of 39.95 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 11 brokers have issued a report on the stock. The consensus target price is $98.91 with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Gartner Inc (NYSE:IT)
Gartner, Inc. is an information technology research and advisory company. The Company works with clients to research, analyze and interpret the business of information technology (IT) within the context of their individual roles. The Company operates through three segments: Research, which provides objective insight on technology and supply chain initiatives for chief information officers (CIOs) and other IT professionals, supply chain professionals, digital marketing and other business professionals, as well as technology companies and the institutional investment community, through reports, briefings, tools, access to its analysts, peer networking services and membership programs that enable its clients to make decisions about their IT, supply chain and digital marketing initiatives; Consulting, which consists primarily of consulting, measurement engagements and strategic advisory services, and Events, which consists of various symposia, conferences and exhibitions.
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