BMO Capital analyst Joel Tiss maintained a Hold rating on Illinois Tool Works (ITW) today and set a price target of $140. The company’s shares opened today at $145.41.
According to TipRanks.com, Tiss is a 4-star analyst with an average return of 9.2% and a 61.3% success rate. Tiss covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, John Bean Technologies, and Caterpillar.
The word on The Street in general, suggests a Hold analyst consensus rating for Illinois Tool Works with a $130.38 average price target.
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Illinois Tool Works’ market cap is currently $47.52B and has a P/E ratio of 19.06. The company has a Price to Book ratio of 14.60.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Juan Valls, the EVP of ITW sold 52,265 shares for a total of $7,443,059.
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.
