BMO Capital analyst Jeffrey Silber reiterated a Buy rating on Gartner (NYSE: IT) on July 10 and set a price target of $147. The company’s shares closed yesterday at $139.77, close to its 52-week high of $142.16.
According to TipRanks.com, Silber is a top 25 analyst with an average return of 23.7% and a 79.9% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, AMN Healthcare Services Inc, and American Public Education.
Gartner has an analyst consensus of Moderate Buy, with a price target consensus of $146.50.
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Based on Gartner’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $19.59 million. In comparison, last year the company had a GAAP net loss of $92.28 million.
Based on the recent corporate insider activity of 102 insiders, corporate insider sentiment is negative on the stock.
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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; Events; and Talent Assessment and Other. The Research segment gives advices on the mission-critical priorities of leaders.
