Short Term Rating on International Game Technology (IGT)

International Game Technology (IGT) : 6 analysts are covering International Game Technology (IGT) and their average rating on the stock is 1.67, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

International Game Technology (IGT) : The highest short term price target forecast on International Game Technology (IGT) is $26 and the lowest target price is $21. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $23.3 with a standard deviation of $1.99.

For the current week, the company shares have a recommendation consensus of Buy.


International Game Technology (NYSE:IGT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.22 and $19.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.35, notching a gain of 1.20% for the day. The total traded volume was 1,004,637 . The stock had closed at $19.12 on the previous day.

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