A Glimpse Into The Expert Outlook On Illinois Tool Works Through 7 Analysts
Portfolio Pulse from Benzinga Insights
Analyst ratings for Illinois Tool Works (NYSE:ITW) show a mix of bullish to bearish sentiments, with recent updates indicating a positive shift in price targets. The average 12-month price target has risen to $261.43, reflecting a 2.19% increase. Analyst actions include both upgrades and downgrades, with price targets ranging from $224 to $305. Illinois Tool Works, a diversified global manufacturer, has shown notable financial performance with strong net margin, ROE, and ROA, despite a high debt-to-equity ratio and lower revenue growth compared to peers.
May 01, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analyst ratings for ITW show a diverse range of opinions, with a recent positive shift in price targets, indicating a potential upside for the stock.
The mix of analyst ratings from bullish to bearish, alongside the recent increase in the average price target, suggests a cautiously optimistic outlook for ITW. The company's strong financial metrics, such as net margin and ROE, support this positive sentiment, despite its high debt-to-equity ratio and lower revenue growth compared to industry peers. The detailed analyst actions, including both upgrades and downgrades, reflect ongoing adjustments to ITW's valuation based on its performance and market conditions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100