Zacks Investment Research downgraded Scientific Games Corp (NASDAQ:SGMS) to Sell in a report released today.
- Updated: October 17, 2016
Zacks Investment Research has downgraded Scientific Games Corp (NASDAQ:SGMS) to Sell in a report released on Monday October 17, 2016.
Previously on 5/6/2016, Telsey Advisory Group reported about Scientific Games Corp (NASDAQ:SGMS) raised the target price from $8.00 to $10.00. At the time, this indicated a possible upside of 0.08%.
Yesterday Scientific Games Corp (NASDAQ:SGMS) traded 0.00% even at $12.65. Scientific Games Corp’s 50-day average is $10.87 and its two hundred day average is $9.84. With the last stock price up 30.02% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 0 shares of SGMS traded hands, down from an average trading volume of 956,985
Recent Performance Chart
Scientific Games Corp has 52 week low of $4.56 and a 52 week high of $13.33 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $10.32 with 0 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 7 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Scientific Games Corp (NASDAQ:SGMS)
Scientific Games Corporation is a developer of technology-based products and services, and associated content for the gaming, lottery and interactive gaming industries. The Company operates through three segments: Gaming, Lottery and Interactive. The Company's portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions. Its Gaming segment's activities include supplying gaming machines, video lottery terminals (VLTs), conversion kits, automatic card shufflers. Its Lottery segment's activities include designing, printing and selling instant lottery games. The Company's Interactive business segment includes social (non-wagering) gaming and interactive real-money gaming (RMG).
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.