Illinois Tool Works (ITW) to Release Earnings on Tuesday
Illinois Tool Works (NYSE:ITW) is set to release its earnings data on Tuesday, January 28th. Investors that are interested in participating in the company’s conference call can do so using this link.
Shares of Illinois Tool Works (NYSE:ITW) opened at 79.21 on Monday. Illinois Tool Works has a 52 week low of $59.71 and a 52 week high of $84.32. The stock’s 50-day moving average is $81.78 and its 200-day moving average is $76.93. The company has a market cap of $35.156 billion and a price-to-earnings ratio of 16.50.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Illinois Tool Works in a research note to investors on Friday, January 17th. They now have a $87.00 price target on the stock. On a related note, analysts at Barclays raised their price target on shares of Illinois Tool Works from $81.00 to $91.00 in a research note to investors on Monday, January 13th. They now have an “equal weight” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Illinois Tool Works from $90.00 to $97.00 in a research note to investors on Tuesday, December 31st. They now have an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $82.85.
Illinois Tool Works Inc (NYSE:ITW), is a multinational manufacturer of a diversified range of industrial products and equipment with operations in 58 countries.
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