A statement released earlier today by Argus about International Game Technology Ordinary Shares (NYSE:IGT) bumps the target price to $30.00
- Updated: September 16, 2016
Just yesterday International Game Technology Ordinary Shares (NYSE:IGT) traded 2.48% higher at $23.80. The company’s 50-day average is $22.56 and its 200-day average is $19.18. The last stock close is up 27.13% relative to the 200-day average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. 1,479,826 shares of International Game Technology Ordinary Shares traded, up from ann average trading volume of 1,169,520.
International Game Technology Ordinary Shares (NYSE:IGT) had its estimated target price upped to $30 by Argus in an issued report announced 9/16/2016. The new target price implies a potential upside of 0.26% based on the bussiness’ previous closing price.
Previously on Friday July 29 2016, Telsey Advisory Group released a statement for International Game Technology Ordinary Shares(NYSE:IGT) bumped the target price from $25.00 to $26.00 that indicated a possible upside of 0.24%.
A total of 5 analysts have issued a research note on the company. One analyst rate the stock a strong buy, two firms rate the company a buy, two analyts rate the stock a hold, one firm rate the stock to underperform, and finally 0 analystsrate the stock as sell with a 12-month target stock price of $20.70
With a total market value of $0.0, International Game Technology Ordinary Shares has a 52 week low of $12.48 and a one-year high of $24.40 with a price-earnings ratio of 81.
About International Game Technology Ordinary Shares (NYSE:IGT)
International Game Technology PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide. It offers a suite of lottery-enabled point-of-sale terminals; online lottery transaction processing systems; supplies instant ticket games; and printing services, instant ticket marketing plans and graphic design, programming, production, packaging, and shipping and delivery services. The company also provides video lottery terminals (VLT), VLT central systems, and VLT games to government customers; video and traditional mechanical reel slot machines and casino systems to casino operators; and amusement with prize machines and games to licensed operators, as well as designs, develops, manufactures, and provides cabinets, games, systems, and software in legal gaming markets. In addition, it is involved in the provision of sports betting platform that offers betting on sporting and motor sports events, as well as non-sporting events; and interactive gaming (or iGaming) that enables game play through the Internet, such as Internet poker, table games, slots, bingo, iLottery, and gaming management systems. Further, the company provides transaction processing of commercial transactions, such as prepaid cellular telephone recharges, prepaid mobile data, collection and payment services for the payment of utility bills, money transfer services, ticketing for sporting and musical events, credit card transactions, social security contributions and payments, and prepaid cards. Additionally, it offers collection, and processing and network services on behalf of third parties; and issues electronic money through immediate conversion of funds received. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was incorporated in 2014 and is headquartered in London, and the United Kingdom.
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