Argus Research Initiates Coverage on International Game Technology Ordinary Shares to Buy

Argus Research Initiates Coverage on International Game Technology Ordinary Shares(NYSE:IGT). The shares have been rated Buy. The rating by Argus Research was issued on Sep 16, 2016.

In a different note, On Sep 13, 2016, Bank of America said it Maintains its rating on International Game Technology Ordinary Shares. In the research note, the firm Raises the price-target to $23.00 per share. The shares have been rated ‘Buy’ by the firm.

International Game Technology Ordinary Shares (IGT) made into the market gainers list on Thursdays trading session with the shares advancing 1.78% or 0.43 points. Due to strong positive momentum, the stock ended at $24.64, which is also near the day’s high of $24.68. The stock began the session at $24.36 and the volume stood at 13,70,800 shares. The 52-week high of the shares is $24.74 and the 52 week low is $12.48. The company has a current market capitalization of $4,934 M and it has 20,02,44,240 shares in outstanding.

International Game Technology Ordinary Shares(IGT) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.28B. Analysts had an estimated revenue of $1.26B. Earnings per share were $0.43. Analysts had estimated an EPS of $0.46.

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