Stifel Nicolaus Reaffirms Their Hold Rating on Scientific Games (SGMS)


In a report released today, Steven Wieczynski from Stifel Nicolaus maintained a Hold rating on Scientific Games (NASDAQ: SGMS), with a price target of $44. The company’s shares closed yesterday at $34.85, close to its 52-week low of $31.45.

According to TipRanks.com, Wieczynski is a 5-star analyst with an average return of 20.9% and a 72.3% success rate. Wieczynski covers the Services sector, focusing on stocks such as Norwegian Cruise Line, Penn National Gaming, and Red Rock Resorts Inc.

Scientific Games has an analyst consensus of Moderate Buy, with a price target consensus of $45, which is a 29.1% upside from current levels. In a report issued on August 2, Deutsche Bank also maintained a Hold rating on the stock with a $45 price target.

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The company has a one-year high of $62.80 and a one-year low of $31.45. Currently, Scientific Games has an average volume of 1.13M.

Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock.

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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.

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