BMO Capital analyst Joel Tiss maintained a Hold rating on Illinois Tool Works (NYSE: ITW) today and set a price target of $160. The company’s shares closed yesterday at $144.29.
According to TipRanks.com, Tiss is a 4-star analyst with an average return of 10.7% and a 61.9% success rate. Tiss covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Inc, John Bean Technologies, and The Middleby Corp.
Currently, the analyst consensus on Illinois Tool Works is Moderate Buy and the average price target is $165.60, representing a 14.8% upside.
In a report issued on April 27, Stifel Nicolaus also maintained a Hold rating on the stock with a $156 price target.
See today’s analyst top recommended stocks >>
Illinois Tool Works’ market cap is currently $49.28B and has a P/E ratio of 27.64. The company has a book value ratio of 10.7470.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Illinois Tool Works, Inc. manufactures industrial products and equipment. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications.
