Scientific Games Corp (SGMS) has an average broker rating of 2.56, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.
Scientific Games Corp (SGMS) : Currently there are 5 street experts covering Scientific Games Corp (SGMS) stock. The most bullish and bearish price target for the stock is $15 and $6 respectively for the short term. The average price target of all the analysts comes to $10.1. The estimated standard deviation from the target is $4.16.
Company shares have received an average consensus rating of Hold for the current week Scientific Games Corp (NASDAQ:SGMS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.99 and $8.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.84, notching a gain of 0.23% for the day. The total traded volume was 635,832 . The stock had closed at $8.82 on the previous day.
In a related news, Cohen Peter A, director of Scientific Games Corp, unloaded 20,900 shares at an average price of $9.94 on March 17, 2016. The total amount of the transaction was worth $207,746, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming and lottery industries. The Company operates in three segments: Gaming, Lottery and Interactive. Gaming segment designs, develops, manufactures, markets and distributes gaming machines, VLTs, server-based gaming machines, casino-management systems hardware and software, table game products, video lottery central monitoring and control systems. Lottery segment manufactures and sells instant games, as well as the provision of services, such as game design, sales and marketing support, specialty games and promotions, warehousing, as well as instant game category management. Interactive segment offers play-for-fun social games on Facebook, GooglePlay for Android devices, Apples iOS platform, Kindle platform and Microsoft Windows 8. Its brands include MONOPOLY, GREASE, Jackpot Party Progressive, AMC-THE WALKING DEAD, HARLEY-DAVIDSON and LOTERIA, among others.