Scientific Games Corp (SGMS) Receives Analyst Rating

Scientific Games Corp (SGMS) : 1 brokerage houses believe that Scientific Games Corp (SGMS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Scientific Games Corp (SGMS). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 2.71.

Scientific Games Corp (SGMS) : The most positive equity analysts on Scientific Games Corp (SGMS) expects the shares to touch $15, whereas, the least positive believes that the stock will trade at $6 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $9.5 with an expected fluctuation of $4.04 from the mean.


Scientific Games Corp (NASDAQ:SGMS): After opening at $10.28, the stock dipped to an intraday low of $10.18 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.8 and the buying power remained strong till the end. The stock closed at $10.8 for the day, a gain of 5.06% for the day session. The total traded volume was 476,637. The stocks close on the previous trading day was $10.28.

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.

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