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International Business Machines Corp. (IBM) Stock Rating Reaffirmed by Morgan Stanley

21 April 2017

About International Business Machines Corp. BlackRock Fund Advisors raised its stake in International Business Machines Corp.by 2.2% in the third quarter. Looking at this figure it suggests that the shares of International Business Machines Corporation (IBM) may be undervalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that International Business Machines Corporation (IBM) is a good investment, however if the market is weaker then it could suggest that the shares are overvalued. Following the sale, the insider now directly owns 20,952 shares in the company, valued at $3,754,179.36. Hemenway Trust Co LLC acquired a new position in International Business Machines Corp. during the fourth quarter worth $110,000. The stock closing price is now trading downward to its 50 day moving average with change of -2.82%, tumbled to its 20 day moving average with figure of -2.66% and above its 200 day moving average with value 10.67%. Alpha Windward LLC raised its position in International Business Machines Corp.by 0.7% in the third quarter. The 1-year High price of the stock is $87.99, while the 1-year low price is $60.72. Norges Bank bought a new stake in International Business Machines Corp. during the fourth quarter worth $1,366,710,000. In the last six months the stock's performance advanced 6.25% while yearly performance of the company advanced 16.30%.The company's year to date (YTD) performance is at -1.82%. Hartford Financial Management Inc. now owns 5,004 shares of the technology company's stock valued at $794,000 after buying an additional 21 shares in the last quarter.

International Business Machines Corporation (IBM) has a 52-week high of $182.79 and a 52-week low of $137.97. (NYSE:IBM) was downgraded by Vetr from a "sell" rating to a "strong sell" rating in a report released on Monday. The company has a market capitalization of $153.08 billion, a P/E ratio of 13.11 and a beta of 0.96. International Business Machines Corp. also was the target of some unusual options trading activity on Tuesday. The company has a 50 day moving average of $175.45 and a 200-day moving average of $167.58. International Business Machines Corp.

A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future. This is an increase of 315% compared to the average volume of 795 call options. Comparatively, CTXS posted earnings of $1.25 per share in the same quarter, a year earlier.

The company is expected to report earnings of $2.35 a share for the next quarter. The firm had revenue of $18.16 billion for the quarter, compared to analyst estimates of $18.37 billion. The firm has a Return on Assets (ROA) value of 2.30%. As per the consensus estimate, the company's year-on-year revenue growth is expected to be at -2.22% during the period. On average, analysts anticipate that International Business Machines Corp. will post $13.78 earnings per share for the current year.

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IBM has been the subject of a number of research analyst reports.

Over the last 52 weeks International Business Machines's stock price has increased by 15.98% from 139.03 to 161.25.

Societe Generale Downgrade its coverage for International Business Machines Corporation (IBM) in a note sent to investors on 19-Apr-17.

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International Business Machines Corporation has a consensus hold rating from 25 Wall Street analysts, and the number of shares now sold short amount to at least 1.85% of shares outstanding. 14 have given the stock a Hold rating, 3 as Underperform and 2 as Sell. Finally, Stifel Nicolaus upped their price objective on shares of International Business Machines Corp. from $165.00 to $192.00 and gave the company a buy rating in a research note on Thursday, January 12th. The company has a consensus rating of Hold and a consensus target price of $166.83. The stock was sold at an average price of $179.18, for a total transaction of $895,900.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider James J. Kavanaugh sold 559 shares of International Business Machines Corp. stock in a transaction that occurred on Tuesday, February 7th. The shares were sold at an average price of $178.31, for a total value of $99,675.29. The disclosure for this sale can be found here. Investors measure stock performance on the basis of a company's earnings power.

About International Business Machines Corp.

International Business Machines Corporation (IBM) added 0.38% to reach $162.3 in the previous trading session.

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International Business Machines Corp. (IBM) Stock Rating Reaffirmed by Morgan Stanley