Brokerage Firm Rating Update on Scientific Games Corp (SGMS)

Scientific Games Corp (SGMS) has an average broker rating of 2.71, which is interpreted as a Hold, as rated by 7 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

Scientific Games Corp (SGMS) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $15 and the lowest price target forecast is $6. The average forecast of all the analysts is $9.25 and the expected standard deviation is $4.27.


Company shares have received an average consensus rating of Hold for the current week

Scientific Games Corp (NASDAQ:SGMS): The stock opened at $8.87 and touched an intraday high of $10.74 on Wednesday. During the day, the stock corrected to an intraday low of $8.87, however, the bulls stepped in and pushed the price higher to close in the green at $10.26 with a gain of 16.72% for the day. The total traded volume for the day was 5,921,703. The stock had closed at $8.79 in the previous trading session.

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, Apples 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.

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