Zacks lowered shares of Shuffle Master (NASDAQ: SHFL) from a neutral rating to an underperform rating in a report released on Monday. Zacks currently has $15.30 target price on the stock.
Zacks has also modified their ratings on a number of other industrial goods stocks in the few days. The firm reiterated its neutral rating on shares of ITT Industries. They have a $28.00 price target on that stock. Also, Zacks downgraded shares of The Gorman-Rupp Company from a neutral rating to an underperform rating. Their analysts now have a $27.80 price target on that stock.
Shuffle Master opened at 16.28 on Monday. Shuffle Master has a 1-year low of $11.75 and a 1-year high of $18.77. The stock’s 50-day moving average is currently $15.04. The company has a market cap of $900.6 million and a price-to-earnings ratio of 23.94.
SHFL has been the subject of a number of other recent research reports. Analysts at Deutsche Bank cut their price target on shares of Shuffle Master from $18.00 to $17.00 in a research note to investors on Tuesday, December 18th. They now have a buy rating on the stock. Separately, analysts at Stifel Nicolaus cut their price target on shares of Shuffle Master to $19.00 in a research note to investors on Tuesday, December 18th. Finally, analysts at Brean Murray reiterated a buy rating on shares of Shuffle Master in a research note to investors on Tuesday, December 18th. They now have a $19.00 price target on the stock.
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