Equities researchers at Citigroup Inc. assumed coverage on shares of International Game Technology (NYSE:IGT) in a research report issued on Monday, Stock Ratings Network.com reports. The firm set a “buy” rating on the stock.
IGT has been the subject of a number of other recent research reports. Analysts at Ned Davis Research downgraded shares of International Game Technology from a “buy” rating to a “neutral” rating in a research note to investors on Monday, October 21st. Separately, analysts at UBS AG raised their price target on shares of International Game Technology from $17.00 to $19.00 in a research note to investors on Tuesday, October 8th. They now have a “neutral” rating on the stock. Finally, analysts at Sterne Agee reiterated a “buy” rating on shares of International Game Technology in a research note to investors on Monday, September 16th. They now have a $25.00 price target on the stock, up previously from $23.00. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $20.03.
Shares of International Game Technology (NYSE:IGT) opened at 18.68 on Monday. International Game Technology has a 52 week low of $12.37 and a 52 week high of $20.94. The stock has a 50-day moving average of $19.14 and a 200-day moving average of $17.68. The company has a market cap of $4.872 billion and a price-to-earnings ratio of 16.77.
International Game Technology (NYSE:IGT)is a global gaming company specializing in the design, development, manufacture, and marketing of electronic gaming equipment and systems products, including online and mobile solutions.
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