Northland Securities Sets Gartner Price Target at $50.00 (IT)

By admin | 6 years ago

Equities research analysts at Northland Securities boosted their price target on shares of Gartner (NYSE: IT) from $46.00 to $50.00 in a research note issued to investors on Friday. The firm currently has an “outperform” rating on the stock.

Separately, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Gartner from $43.00 to $48.00 in a research note to investors on Monday, April 2nd. They now have an “overweight” rating on the stock.

Shares of Gartner opened at 43.76 on Friday. Gartner has a 52 week low of $31.98 and a 52 week high of $43.66. The company has a market cap of $4.082 billion and a P/E ratio of 29.95.

Gartner last announced its earnings results on Thursday, May 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, analysts predict that Gartner will post $0.37 earnings per share next quarter.

Gartner, Inc. is an information technology (IT) research and advisory company. The Company is a partner to 60,000 clients in 10,000 distinct organizations in over 80 countries.

About the author