In a report released on January 5, Jeffrey Stantial from Stifel Nicolaus maintained a Buy rating on International Game Technology (IGT – Research Report), with a price target of $31.00. The company’s shares closed last Friday at $25.66.
Stantial covers the Consumer Cyclical sector, focusing on stocks such as Everi Holdings, DraftKings, and Churchill Downs. According to TipRanks, Stantial has an average return of 2.9% and a 38.60% success rate on recommended stocks.
Currently, the analyst consensus on International Game Technology is a Strong Buy with an average price target of $35.75.
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The company has a one-year high of $33.52 and a one-year low of $21.82. Currently, International Game Technology has an average volume of 1.39M.
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International Game Technology (IGT) Company Description:
International Game Technology Plc engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the following segments: North America Gaming and Interactive; North America Lottery, International, Italy, and Other. The North America Gaming and Interactive segment develops and delivers leading games, systems and solutions for land-based casinos, DoubleU Games DoubleDown casino free-to-play social casino app, and interactive for-wager online play. The North America Lottery segment is involved in the development and delivery of lottery solutions, performing research and development for all lottery-related products globally. The International segment specializes in end-to-end solutions and services across all channels to regulated clients in Commercial Gaming and Lottery sectors such as strategic development and operation management. The Italy segment is responsible for lottery and machine gaming concessions, as well as ports betting, interactive gaming, and commercial services. The company was founded on July 11, 2014 and is headquartered in London, the United Kingdom.
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