In a report issued on February 21, Carlo Santarelli from Deutsche Bank maintained a Hold rating on Scientific Games (SGMS), with a price target of $26. The company’s shares closed on Friday at $28.77.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 10.1% and a 64.5% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Red Rock Resorts Inc, and Penn National Gaming.
Scientific Games has an analyst consensus of Hold, with a price target consensus of $24, which is a -16.6% downside from current levels. In a report issued on February 22, Stifel Nicolaus also maintained a Hold rating on the stock with a $31 price target.
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The company has a one-year high of $62.80 and a one-year low of $14.79. Currently, Scientific Games has an average volume of 1.66M.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SGMS in relation to earlier this year.
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Scientific Games Corp. engages in the development of technology-based products and services and associated content. It operates through the following business segments: Gaming, Lottery, and Interactive. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming products and services.
