Published On: Wed, Oct 19th, 2016

Latest Analyst Reports On Illinois Tool Works Inc.


Recently stock market analysts have updated their consensus ratings on shares of Illinois Tool Works Inc. (NYSE:ITW).

Most recent broker ratings

08/25/2016 – Illinois Tool Works Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 102 price target on the stock.

07/21/2016 – Illinois Tool Works Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 114 price target on the stock.

07/21/2016 – Illinois Tool Works Inc. had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 104 price target on the stock.

06/23/2016 – Illinois Tool Works Inc. was downgraded to “neutral” by analysts at Robert W. Baird. They now have a USD 108 price target on the stock.

06/06/2016 – Illinois Tool Works Inc. had its “buy” rating reiterated by analysts at Oppenheimer.

04/21/2016 – Illinois Tool Works Inc. had its “buy” rating reiterated by analysts at Seaport Global Securities. They now have a USD 125 price target on the stock.

04/21/2016 – Illinois Tool Works Inc. had its “equal-weight” rating reiterated by analysts at Morgan Stanley. They now have a USD 104 price target on the stock.

04/21/2016 – Illinois Tool Works Inc. had its “buy” rating reiterated by analysts at Argus. They now have a USD 120 price target on the stock.

03/28/2016 – Illinois Tool Works Inc. had its “buy” rating reiterated by analysts at Goldman Sachs. They now have a USD 110 price target on the stock.

03/02/2016 – Illinois Tool Works Inc. had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 93 price target on the stock.

01/21/2016 – Citigroup began new coverage on Illinois Tool Works Inc. giving the company a “buy” rating. They now have a USD 98 price target on the stock.

01/11/2016 – Barclays began new coverage on Illinois Tool Works Inc. giving the company a “equal-weight” rating. They now have a USD 92 price target on the stock.

07/23/2015 – Illinois Tool Works Inc. had its “outperform” rating reiterated by analysts at BMO Capital Markets. They now have a USD 112 price target on the stock.

06/23/2015 – Illinois Tool Works Inc. had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 110 price target on the stock.

05/18/2015 – Illinois Tool Works Inc. was downgraded to “sell” by analysts at Zacks.

Illinois Tool Works Inc. has a 50 day moving average of 118.03 and a 200 day moving average of 111.03. The stock’s market capitalization is 40.85B, it has a 52-week low of 79.15 and a 52-week high of 123.50.

The share price of the company (NYSE:ITW) was down -0.85%, with a high of 117.14 during the day and the volume of Illinois Tool Works Inc. shares traded was 1790512.

Illinois Tool Works Inc. (ITW) is a manufacturer of a range of industrial products and equipment. The Company operates through seven segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products and Specialty Products. It produces components and fasteners for automotive-related applications; equipment, consumables and related software for testing and measuring of materials and structures, and equipment and consumables used in the production of electronic subassemblies and microelectronics; adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance; arc welding equipment, consumables and accessories for a range of industrial and commercial applications, and beverage packaging equipment and consumables, product coding and marking equipment, and consumables, and appliance components and fasteners. It has over 80 divisions in approximately 60 countries.