This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

RBC Capital Remains a Hold on Gartner (IT)

Tipranks - Tipranks - Sat Sep 5, 8:58PM CDT

RBC Capital analyst Ashish Sabadra maintained a Hold rating on Gartner yesterday and set a price target of $198.00.

Sabadra covers the Financial sector, focusing on stocks such as S&P Global, Moody’s, and TransUnion. According to TipRanks, Sabadra has an average return of 2.1% and a 55.15% success rate on recommended stocks.

Currently, the analyst consensus on Gartner is a Hold with an average price target of $187.91.

See today’s best-performing stocks on TipRanks >>

Based on Gartner’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.68 billion and a net profit of $275.48 million. In comparison, last year the company earned a revenue of $1.69 billion and had a net profit of $240.78 million

Based on the recent corporate insider activity of 96 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. Last month, Robin Kranich, the EVP & CHRO of IT sold 3,278.00 shares for a total of $644,127.00.

Read More on IT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Market data provided by Barchart. Exchange delay details and data provider terms here. Information may be delayed, is provided 'as is' and is solely for informational purposes, and not for trading, investment or advice.