Analyst Target Price Look at International Business Machines Corporation (NYSE:IBM), Activision Blizzard, Inc (NASDAQ:ATVI)

According to data provided by Zacks Research, International Business Machines Corporation (NYSE:IBM) has a consensus target price of $169.533 on the stock. Out of the polled analysts providing targets, the high is currently $212, while the low is resting at $135. Analyst price targets may vary depending on the individual method used to calculate the estimate.
Turning to earnings, analysts are expecting International Business Machines Corporation (NYSE:IBM) to post a current quarter EPS of $2.72. This consensus number is compiled by Zacks Research. For the period ending on 2017-03-31, the company reported EPS for the quarter of $2.38. The resulting surprise factor from the difference between the reported number and the consensus estimate going into earnings was 1.71%. After a company reports earnings, the stock may see increased activity. The next earnings report date is scheduled on or near 2017-07-17.
In terms of analyst ratings, International Business Machines Corporation (NYSE:IBM) has a current ABR of 2.89. This average broker recommendation is given by Zacks using a scale from 1 to 5. According to this scale, a rating of 1 or 2 would indicate a Buy, and a rating of 4 or 5 would signify a Sell recommendation. A 3 would indicate a Hold on the stock.

For the current quarter, analysts are expecting Activision Blizzard, Inc (NASDAQ:ATVI) to report EPS of $0.16. This consensus estimate is provided by Zacks Research. After the period that ended on 2016-12-31, Activision Blizzard, Inc (NASDAQ:ATVI) reported an EPS actual of $0.86. The difference between the actual and estimate resulted in a surprise factor of 19.44%. The company is expected to release their next earnings report on or around 2017-05-04. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of Activision Blizzard, Inc (NASDAQ:ATVI) have a current ABR or average broker rating of 1.74. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.

Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of Activision Blizzard, Inc (NASDAQ:ATVI) is $50.4. The top analyst target is $60, and the lowest target is $40 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

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