German Bank (DE 🙂 Analyst Carlo Santarelli maintained a buy rating on International Game Technology (NYSE 🙂 on Tuesday, setting a price target of $ 42, or about 41.70% above the current price of the share of $ 29.64.
Santarelli expects International Game Technology to post earnings per share (EPS) of $ 1.49 for the fourth quarter of 2021.
The current consensus between 4 TipRanks Analysts are for a strong buy rating of International Game Technology shares, with an average price target of $ 43.
Analysts’ price targets range from a high of $ 57 to a low of $ 35.
In its latest earnings report, released 6/30/2021, the company reported quarterly revenue of $ 1.04 billion and net income of $ 246 million. The company’s market capitalization is $ 6.08 billion.
According to TipRanks.com, Deutsche Bank Analyst Carlo Santarelli is currently rated with 5 stars on a 0 to 5 star rating scale, with an average performance of 24.8% and a success rate of 64.21%.
International Game Technology Plc is engaged in the design, manufacture and marketing of electronic game equipment, software and network systems. It operates through the following segments: North America Gaming and Interactive; Lottery North America, International, Italy and others. The gaming and interactive gaming segment in North America develops and supplies leading games, systems and solutions for land-based casinos, the free social casino application DoubleU Games DoubleDown and interactive online gambling for wagering. The North America Lottery segment is involved in the development and delivery of lottery solutions, performing research and development for all lottery related products globally. The International segment specializes in end-to-end solutions and services across all channels for regulated customers in the commercial gaming and lottery industries, such as strategic development and operations management. The Italy segment is responsible for lottery and machine game concessions, as well as port betting, interactive games and commercial services. The company was founded on July 11, 2014 and is headquartered in London, UK.
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