In a report issued on November 17, Carlo Santarelli from Deutsche Bank maintained a Hold rating on Scientific Games (SGMS), with a price target of $29.00. The company’s shares closed last Monday at $28.80.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 10.1% and a 67.6% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings, and Marriott International.
Currently, the analyst consensus on Scientific Games is a Hold with an average price target of $28.60, implying a -1.9% downside from current levels. In a report issued on November 11, Susquehanna also downgraded the stock to Hold.
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The company has a one-year high of $31.63 and a one-year low of $14.79. Currently, Scientific Games has an average volume of 993.9K.
Based on the recent corporate insider activity of 44 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 Social and Digital. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming products and services.
