International Game Technology (IGT) Stock Forecast & Price Target

$19.51 -0.39 (-1.96%)

(As of 11/15/2024 ET)

International Game Technology - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 6 Analyst Ratings

Sell
0

Hold
2

Buy
4

Based on 6 Wall Street analysts who have issued ratings for International Game Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for IGT.

Consensus Price Target

$28.67
46.93% Upside

According to the 6 analysts' twelve-month price targets for International Game Technology, the average price target is $28.67. The highest price target for IGT is $33.00, while the lowest price target for IGT is $23.00. The average price target represents a forecasted upside of 46.93% from the current price of $19.51.

IGT Analyst Ratings Over Time

Type	Current Forecast 11/18/23 to 11/17/24	1 Month Ago 10/19/23 to 10/18/24	3 Months Ago 8/20/23 to 8/19/24	1 Year Ago 11/18/22 to 11/18/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$28.67	$28.67	$28.67	$43.33
Forecasted Upside	46.93% Upside	39.19% Upside	30.54% Upside	61.51% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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IGT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IGT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

International Game Technology Stock vs. The Competition

Type	International Game Technology	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.67	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	46.93% Upside	1,174.95% Upside	9.87% Upside
News Sentiment Rating	Neutral News See Recent IGT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/31/2024	Stifel Nicolaus 4 of 5 stars	Boost Target	Buy ➝ Buy	$26.00 ➝ $30.00	+24.95%
7/26/2024	B. Riley 4 of 5 stars	Reiterated Rating	Buy ➝ Buy	$30.00 ➝ $30.00	+27.99%
5/16/2024	Susquehanna 2 of 5 stars	Lower Target	Positive ➝ Positive	$40.00 ➝ $33.00	+60.58%
5/15/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$26.00 ➝ $23.00	+13.47%
3/13/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$30.00 ➝ $27.00	+33.33%
1/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$36.00 ➝ $29.00	+11.20%
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3/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$62.00 ➝ $66.00	+144.35%
3/1/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$29.00 ➝ $33.00	+23.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:39 AM ET.

IGT Forecast - Frequently Asked Questions

: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for International Game Technology is $28.67, with a high forecast of $33.00 and a low forecast of $23.00.
: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IGT shares.
: According to analysts, International Game Technology's stock has a predicted upside of 46.93% based on their 12-month stock forecasts.
: Analysts like International Game Technology more than other "consumer discretionary" companies. The consensus rating score for International Game Technology is 2.67 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how IGT compares to other companies.

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This page (NYSE:IGT) was last updated on 11/17/2024 by MarketBeat.com Staff

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International Game Technology (IGT) Stock Forecast & Price Target