Gartner Gets a Buy Rating from BMO Capital


BMO Capital analyst Jeffrey Silber maintained a Buy rating on Gartner (NYSE: IT) today and set a price target of $145. The company’s shares opened today at $130.84.

According to TipRanks.com, Silber is a top 100 analyst with an average return of 21.7% and a 72.9% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, AMN Healthcare Services Inc, and American Public Education.

Currently, the analyst consensus on Gartner is Moderate Buy and the average price target is $131.75, representing a 0.7% upside.

In a report released today, Cantor Fitzgerald also maintained a Buy rating on the stock with a $148 price target.

See today’s analyst top recommended stocks >>

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 net profit of $36.43 million.

Based on the recent corporate insider activity of 105 insiders, corporate insider sentiment is negative on the stock.

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, 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.

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