Telsey Advisory Group announced International Game Technology (NYSE:IGT), raising its target price to $28.00 today
- Updated: October 2, 2016
International Game Technology (NYSE:IGT) had its price target upped to $28.00 by Telsey Advisory Group in a report released 9/28/2016. The new stock price target implies a possible upside of 0.13% based on the company's most recent close.
On 9/16/2016, Argus released a statement on International Game Technology (NYSE:IGT) increased the target price from $0.00 to $30.00. At the time, this suggested an upside of 0.26%.
Displaying a price of $24.72, International Game Technology (NYSE:IGT) traded -1.81% lower on the day. The last stock price is up 22.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. IGT has recorded a 50-day average of $23.54 and a 200-day moving average of $19.87. 1,561,668 shares of the stock were exchanged, up from an average trading volume of 1,166,770
Recent Performance Chart
International Game Technology has price-earnings ratio of 81.00 with a 52 week low of $12.48 and a 52 week high of $24.95 and has a total market value of $0.
A total of 5 analysts have released a research note on IGT. One brokerage rating the stock a strong buy, 2 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the company a sell with a 12-month price target of $20.70.
General Company Details For International Game Technology (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, the United Kingdom.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.