In a report released today, George Tong from Goldman Sachs reiterated a Buy rating on Gartner (IT – Research Report). The company’s shares opened today at $433.13.
According to TipRanks, Tong is a 4-star analyst with an average return of 4.9% and a 57.98% success rate. Tong covers the Industrials sector, focusing on stocks such as Equifax, Cintas, and Korn Ferry.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gartner with a $495.00 average price target.
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IT market cap is currently $36.63B and has a P/E ratio of 40.38.
Based on the recent corporate insider activity of 156 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Gartner (IT) Company Description:
Gartner, Inc. is a research and advisory company, which delivers technology-related insights to its clients to make right decisions. It operates through the following segments: Research, Consulting and Conferences. The Research segment gives advices on the mission-critical priorities of leaders. The Consulting segment offers customized solutions to unique client needs through on-site, day-to-day support, and proprietary tools for measuring and improving IT performance. The Conferences segment involves in the business professionals across the organization. The company was founded by Gideon I. Gartner and Dave L. R. Stein in 1979 and is headquartered in Stamford, CT.
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