International Game Technology Ordinary Shares (IGT) was Initiated by Argus to “Buy” and the brokerage firm has set the Price Target at $30. Argus advised their investors in a research report released on Sep 16, 2016.
Many Wall Street Analysts have commented on International Game Technology Ordinary Shares. Company shares were Reiterated by Telsey Advisory Group on Jul 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 26 from a previous price target of $25 .
On the company’s financial health, International Game Technology Ordinary Shares reported $0.43 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.46. The company had revenue of $1285.00 million for the quarter, compared to analysts expectations of $1262.13 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
International Game Technology Ordinary Shares opened for trading at $23.2 and hit $23.66 on the upside on Wednesday, eventually ending the session at $23.52, with a gain of 1.25% or 0.29 points. The heightened volatility saw the trading volume jump to 1,005,186 shares. Company has a market cap of $4,710 M.