Scientific Games Corp (SGMS) was Reiterated by Telsey Advisory Group to “Market Perform” according to the research note released today. The brokerage firm has raised the Price Target to $ 10 from a previous price target of $8 . Telsey Advisory Group advised their investors in a research report released on May 6, 2016.
Many Wall Street Analysts have commented on Scientific Games Corp. Company shares were Reiterated by Telsey Advisory Group on Feb 26, 2016 to “Market Perform”, Firm has raised the Price Target to $ 8 from a previous price target of $7 .
Scientific Games Corp closed down -0.29 points or -3.00% at $9.38 with 14,54,540 shares getting traded on Wednesday. Post opening the session at $9.6, the shares hit an intraday low of $9.37 and an intraday high of $9.9 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Mar 21, 2016, Peter A Cohen (director) sold 20,900 shares at $9.94 per share price. According to the SEC, on Nov 18, 2015, Michael Gavin Isaacs (CEO) purchased 30,000 shares at $7.96 per share price. On Jun 30, 2015, Steven Beason (Enterprise CTO) sold 13,790 shares at $16.17 per share price, according to the Form-4 filing with the securities and exchange commission.
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 Apple’s 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.