# International Business Machines Corporation  Share Price Target ‘$179.86’, now 3.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/international-business-machines-corporation-share-price-target-179.86-now-3.4-upside-potential/4121161842
- Published: 2024-06-24T12:46:52+01:00
- Author: Charlotte Edwards

**International Business Machines Corporation** which can be found using ticker (
IBM) now have 16 confirmed analysts covering the stock with the consensus suggesting
a rating of ‘buy’. The range between the high target price and low target price 
is between $215.00 and $130.00 with the average share target price sitting at $179.86.(
at the time of writing). Given that the stocks previous close was at $173.92 and
the analysts are correct then there would likely be a percentage uptick in value
of 3.4%. Also worth taking note is the 50 day moving average now sits at $171.43
and the 200 day moving average is $166.80. The total market capitalization for the
company now stands at 158.42B. The current share price for the company is: $172.46
USD

 The potential market cap would be $163,832,983,098 based on the market consensus.

The company has a dividend yield of 5.22%. Other points of data to note are a P/
E ratio of 19.58, revenue per share of $67.94 and a 4.58% return on assets.

International Business Machines Corporation (IBM) is a provider of hybrid cloud 
and artificial intelligence (AI), and business services. It provides integrated 
solutions and products that use data, information technology in industries and business
processes. Its segments include Software, Consulting, Infrastructure and Financing.
Software segment comprises two business areas: Hybrid Platform & Solutions, which
includes software to help clients operate, manage and optimize their IT resources
and business processes within hybrid, multi-cloud environments, and transaction 
processing, which includes software that supports clients’ mission-critical, on-
premises workloads in industries such as banking, airlines and retail. Consulting
segment is engaged in business transformation, technology consulting and application
operations. Infrastructure segment is engaged in hybrid infrastructure and infrastructure
support. Financing segment is engaged in client financing and commercial financing.

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