Consensus Rating1
Neutral
Highest Price Target1
$295.00
Lowest Price Target1
$181.00
Consensus Price Target1
$249.33

Illinois Tool Works Analyst Ratings and Price Targets | NYSE:ITW | Benzinga

Illinois Tool Works Inc has a consensus price target of $249.33 based on the ratings of 18 analysts. The high is $295 issued by JP Morgan on February 3, 2025. The low is $181 issued by Deutsche Bank on April 12, 2023. The 3 most-recent analyst ratings were released by Stifel, Barclays, and Truist Securities on May 1, 2025, respectively. With an average price target of $251.33 between Stifel, Barclays, and Truist Securities, there's an implied 0.08% upside for Illinois Tool Works Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
2
Feb
2
Mar
3
Apr
1
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Barclays
Truist Securities
Baird
Citigroup

1calculated from analyst ratings

Analyst Ratings for Illinois Tool Works

Buy NowGet Alert
05/01/2025Buy Now-7.22%Stifel
Nathan Jones75%
$227 → $233MaintainsHoldGet Alert
05/01/2025Buy Now-5.62%Barclays
Julian Mitchell58%
$240 → $237MaintainsEqual-WeightGet Alert
05/01/2025Buy Now13.09%Truist Securities
Jamie Cook70%
$302 → $284MaintainsBuyGet Alert
05/01/2025Buy Now-2.84%Baird
Mig Dobre48%
$239 → $244MaintainsNeutralGet Alert
04/14/2025Buy Now0.75%Citigroup
Andrew Kaplowitz84%
$265 → $253MaintainsNeutralGet Alert
04/14/2025Buy Now-9.6%Stifel
Nathan Jones75%
$259 → $227MaintainsHoldGet Alert
04/10/2025Buy Now-4.43%Barclays
Julian Mitchell58%
$252 → $240MaintainsEqual-WeightGet Alert
04/07/2025Buy Now-6.82%UBS
Steven Fisher74%
$269 → $234MaintainsNeutralGet Alert
03/26/2025Buy Now0.35%Barclays
Julian Mitchell58%
$260 → $252MaintainsEqual-WeightGet Alert
03/10/2025Buy Now3.54%Barclays
Julian Mitchell58%
$262 → $260MaintainsEqual-WeightGet Alert
02/19/2025Buy Now0.35%Evercore ISI Group
David Raso69%
$255 → $252MaintainsUnderperformGet Alert
02/07/2025Buy Now4.33%Barclays
Julian Mitchell58%
$265 → $262MaintainsEqual-WeightGet Alert
02/06/2025Buy Now3.14%Stifel
Nathan Jones75%
$266 → $259MaintainsHoldGet Alert
02/06/2025Buy Now-2.44%Wells Fargo
Joseph O'Dea13%
$250 → $245MaintainsUnderweightGet Alert
02/03/2025Buy Now17.47%JP Morgan
Tami Zakaria70%
$300 → $295MaintainsOverweightGet Alert
01/24/2025Buy Now5.93%Stifel
Nathan Jones75%
$268 → $266MaintainsHoldGet Alert
01/13/2025Buy Now5.53%Citigroup
Andrew Kaplowitz84%
$279 → $265MaintainsNeutralGet Alert
01/08/2025Buy Now5.53%Barclays
Julian Mitchell58%
$270 → $265MaintainsEqual-WeightGet Alert
01/07/2025Buy Now-0.45%Wells Fargo
Joseph O'Dea13%
$260 → $250MaintainsUnderweightGet Alert
12/19/2024Buy Now26.63%Truist Securities
Jamie Cook70%
$312 → $318MaintainsBuyGet Alert
12/11/2024Buy Now6.72%Stifel
Nathan Jones75%
$262 → $268MaintainsHoldGet Alert
12/09/2024Buy Now11.1%Citigroup
Andrew Kaplowitz84%
$266 → $279MaintainsNeutralGet Alert
12/06/2024Buy Now15.48%Jefferies
Stephen Volkmann70%
$255 → $290MaintainsHoldGet Alert
12/05/2024Buy Now7.52%Barclays
Julian Mitchell58%
$230 → $270UpgradeUnderweight → Equal-WeightGet Alert
11/13/2024Buy Now1.55%Evercore ISI Group
David Raso69%
$246 → $255DowngradeIn-Line → UnderperformGet Alert
11/01/2024Buy Now-8.41%Barclays
Julian Mitchell58%
$215 → $230MaintainsUnderweightGet Alert
10/31/2024Buy Now-0.45%Baird
Mig Dobre48%
$240 → $250MaintainsNeutralGet Alert
10/16/2024Buy Now4.33%Stifel
Nathan Jones75%
$260 → $262MaintainsHoldGet Alert
10/09/2024Buy Now24.24%Truist Securities
Jamie Cook70%
$281 → $312MaintainsBuyGet Alert
10/07/2024Buy Now-0.45%Wells Fargo
Joseph O'Dea13%
$236 → $250MaintainsUnderweightGet Alert
08/19/2024Buy Now-2.04%Evercore ISI Group$251 → $246MaintainsIn-LineGet Alert
07/31/2024Buy Now-14.38%Barclays
Julian Mitchell58%
$217 → $215MaintainsUnderweightGet Alert
07/31/2024Buy Now7.52%JP Morgan
Tami Zakaria70%
$267 → $270MaintainsOverweightGet Alert
07/31/2024Buy Now-6.02%Wells Fargo
Joseph O'Dea13%
$230 → $236MaintainsUnderweightGet Alert
07/31/2024Buy Now3.54%Stifel
Nathan Jones75%
$268 → $260MaintainsHoldGet Alert
07/31/2024Buy Now11.9%Truist Securities
Jamie Cook70%
$283 → $281MaintainsBuyGet Alert
07/25/2024Buy Now6.32%JP Morgan
Tami Zakaria70%
$275 → $267MaintainsOverweightGet Alert
07/18/2024Buy Now6.72%Stifel
Nathan Jones75%
$259 → $268MaintainsHoldGet Alert
07/11/2024Buy Now-4.43%Jefferies
Stephen Volkmann70%
$275 → $240MaintainsHoldGet Alert
07/10/2024Buy Now-8.41%Wells Fargo
Joseph O'Dea13%
$244 → $230MaintainsUnderweightGet Alert
07/02/2024Buy Now12.7%Truist Securities
Jamie Cook70%
$305 → $283MaintainsBuyGet Alert
06/04/2024Buy Now-13.59%Barclays
Julian Mitchell58%
$229 → $217MaintainsUnderweightGet Alert
05/02/2024Buy Now-8.81%Barclays
Julian Mitchell58%
$230 → $229MaintainsUnderweightGet Alert
05/01/2024Buy Now-2.84%Wells Fargo
Joseph O'Dea13%
$255 → $244MaintainsUnderweightGet Alert
05/01/2024Buy Now21.46%Truist Securities
Jamie Cook70%
$303 → $305MaintainsBuyGet Alert
04/17/2024Buy Now3.14%Stifel
Nathan Jones75%
$258 → $259MaintainsHoldGet Alert
04/08/2024Buy Now7.12%Citigroup
Andrew Kaplowitz84%
$258 → $269MaintainsNeutralGet Alert
04/02/2024Buy Now-8.41%Barclays
Julian Mitchell58%
$224 → $230MaintainsUnderweightGet Alert
03/14/2024Buy Now20.66%Truist Securities
Jamie Cook70%
→ $303Initiates → BuyGet Alert
02/06/2024Buy Now-4.43%Wells Fargo
Joseph O'Dea13%
$277 → $240DowngradeEqual-Weight → UnderweightGet Alert
02/05/2024Buy Now-10.8%Barclays
Julian Mitchell58%
$215 → $224MaintainsUnderweightGet Alert
01/23/2024Buy Now-4.83%Stifel
Nathan Jones75%
$238 → $239MaintainsHoldGet Alert
01/10/2024Buy Now-6.42%B of A Securities
Andrew Obin54%
$260 → $235DowngradeNeutral → UnderperformGet Alert
12/19/2023Buy Now-5.22%Stifel
Nathan Jones75%
$236 → $238MaintainsHoldGet Alert
12/19/2023Buy Now10.31%Wells Fargo
Joe O'Dea58%
$220 → $277MaintainsEqual-WeightGet Alert
12/11/2023Buy Now1.94%Citigroup
Andrew Kaplowitz84%
$244 → $256MaintainsNeutralGet Alert
10/16/2023Buy Now1.55%JP Morgan
Tami Zakaria70%
$265 → $255MaintainsOverweightGet Alert
08/03/2023Buy Now-7.61%Morgan Stanley
Joshua Pokrzywinski74%
$230 → $232MaintainsUnderweightGet Alert
08/02/2023Buy Now2.74%Citigroup
Andrew Kaplowitz84%
$256 → $258MaintainsNeutralGet Alert
08/02/2023Buy Now16.28%Credit Suisse
Jamie Cook70%
$281 → $292MaintainsOutperformGet Alert
07/19/2023Buy Now-0.45%Stifel
Nathan Jones75%
$236 → $250MaintainsHoldGet Alert
07/17/2023Buy Now-8.41%Morgan Stanley
Joshua Pokrzywinski74%
$230 → $230ReiteratesUnderweight → UnderweightGet Alert
07/12/2023Buy Now-8.41%Morgan Stanley
Joshua Pokrzywinski74%
$211 → $230MaintainsUnderweightGet Alert
07/10/2023Buy Now-4.43%Wells Fargo
Joe O'Dea58%
$235 → $240MaintainsEqual-WeightGet Alert
07/10/2023Buy Now-16.37%Barclays
Julian Mitchell58%
$203 → $210MaintainsUnderweightGet Alert
05/08/2023Buy Now-6.42%Wells Fargo
Joe O'Dea58%
$227 → $235MaintainsEqual-WeightGet Alert
05/03/2023Buy Now1.94%Citigroup
Andrew Kaplowitz84%
$255 → $256MaintainsNeutralGet Alert
05/03/2023Buy Now-6.02%Stifel
Nathan Jones75%
$240 → $236MaintainsHoldGet Alert
05/03/2023Buy Now-15.98%Morgan Stanley
Joshua Pokrzywinski74%
$223 → $211MaintainsUnderweightGet Alert
05/03/2023Buy Now11.9%Credit Suisse
Jamie Cook70%
$282 → $281MaintainsOutperformGet Alert
05/03/2023Buy Now-19.16%Barclays
Julian Mitchell58%
$205 → $203MaintainsUnderweightGet Alert
04/18/2023Buy Now5.53%JP Morgan
Tami Zakaria70%
$275 → $265MaintainsOverweightGet Alert
04/17/2023Buy Now-4.43%Stifel
Nathan Jones75%
$241 → $240MaintainsHoldGet Alert
04/13/2023Buy Now-9.6%Wells Fargo
Joseph O'Dea13%
$250 → $227MaintainsEqual-WeightGet Alert
04/12/2023Buy Now-27.92%Deutsche Bank
Nicole Deblase61%
$183 → $181MaintainsSellGet Alert
04/06/2023Buy Now-18.37%Barclays
Julian Mitchell58%
$211 → $205MaintainsUnderweightGet Alert
02/09/2023Buy Now-2.44%UBS
Steven Fisher74%
$213 → $245MaintainsNeutralGet Alert
02/07/2023Buy Now-11.2%Morgan Stanley
Joshua Pokrzywinski74%
$174 → $223MaintainsUnderweightGet Alert
02/03/2023Buy Now12.3%Credit Suisse
Jamie Cook70%
$259 → $282MaintainsOutperformGet Alert
02/03/2023Buy Now1.55%Citigroup
Andrew Kaplowitz84%
$232 → $255MaintainsNeutralGet Alert
01/24/2023Buy Now-11.6%Baird
Mig Dobre48%
$200 → $222MaintainsNeutralGet Alert
01/19/2023Buy Now-12.39%Wells Fargo
Joe O'Dea58%
$210 → $220MaintainsEqual-WeightGet Alert
01/06/2023Buy Now-30.71%Morgan Stanley
Joshua Pokrzywinski74%
$172 → $174MaintainsUnderweightGet Alert
01/05/2023Buy Now-16.37%Wells Fargo
Joe O'Dea58%
$187 → $210MaintainsEqual-WeightGet Alert
01/05/2023Buy Now-26.73%Barclays
Julian Mitchell58%
$172 → $184MaintainsUnderweightGet Alert
01/03/2023Buy Now-12.39%Vertical Research
Jeffrey Sprague77%
$240 → $220DowngradeBuy → HoldGet Alert
12/15/2022Buy Now-5.22%Goldman Sachs
Joe Ritchie75%
$210 → $238MaintainsNeutralGet Alert
12/09/2022Buy Now-7.61%Citigroup
Andrew Kaplowitz84%
$202 → $232MaintainsNeutralGet Alert
10/27/2022Buy Now-31.51%Morgan Stanley
Joshua Pokrzywinski74%
$165 → $172MaintainsUnderweightGet Alert
10/26/2022Buy Now-3.23%Credit Suisse
Jamie Cook70%
$229 → $243MaintainsOutperformGet Alert
10/13/2022Buy Now-34.29%Deutsche Bank
Nicole Deblase61%
$188 → $165MaintainsSellGet Alert
10/12/2022Buy Now-34.29%Morgan Stanley
Joshua Pokrzywinski74%
$191 → $165MaintainsUnderweightGet Alert
10/11/2022Buy Now-25.14%Stifel
Nathan Jones75%
$192 → $188MaintainsHoldGet Alert
10/03/2022Buy Now-31.51%Barclays
Julian Mitchell58%
$179 → $172MaintainsUnderweightGet Alert
08/24/2022Buy Now-12.39%B of A Securities
Andrew Obin54%
→ $220Reinstates → NeutralGet Alert
08/15/2022Buy Now-25.14%Deutsche Bank
Nicole Deblase61%
→ $188DowngradeHold → SellGet Alert
08/03/2022Buy Now-23.94%Morgan Stanley
Joshua Pokrzywinski74%
$182 → $191MaintainsUnderweightGet Alert
08/03/2022Buy Now-8.81%Credit Suisse
Jamie Cook70%
$225 → $229MaintainsOutperformGet Alert
08/03/2022Buy Now-25.53%Wells Fargo
Joseph O'Dea13%
$180 → $187MaintainsEqual-WeightGet Alert
08/03/2022Buy Now-16.37%Citigroup
Andrew Kaplowitz84%
$191 → $210MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Illinois Tool Works (ITW) stock?

A

The latest price target for Illinois Tool Works (NYSE:ITW) was reported by Stifel on May 1, 2025. The analyst firm set a price target for $233.00 expecting ITW to fall to within 12 months (a possible -7.22% downside). 42 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Illinois Tool Works (ITW)?

A

The latest analyst rating for Illinois Tool Works (NYSE:ITW) was provided by Stifel, and Illinois Tool Works maintained their hold rating.

Q

When was the last upgrade for Illinois Tool Works (ITW)?

A

The last upgrade for Illinois Tool Works Inc happened on December 5, 2024 when Barclays raised their price target to $270. Barclays previously had an underweight for Illinois Tool Works Inc.

Q

When was the last downgrade for Illinois Tool Works (ITW)?

A

The last downgrade for Illinois Tool Works Inc happened on November 13, 2024 when Evercore ISI Group changed their price target from $246 to $255 for Illinois Tool Works Inc.

Q

When is the next analyst rating going to be posted or updated for Illinois Tool Works (ITW)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Illinois Tool Works, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Illinois Tool Works was filed on May 1, 2025 so you should expect the next rating to be made available sometime around May 1, 2026.

Q

Is the Analyst Rating Illinois Tool Works (ITW) correct?

A

While ratings are subjective and will change, the latest Illinois Tool Works (ITW) rating was a maintained with a price target of $227.00 to $233.00. The current price Illinois Tool Works (ITW) is trading at is $251.12, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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