Illinois Tool Works Inc has a consensus price target of $241.18, established from looking at the 91 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Citigroup, and Barclays on April 17, 2024, April 8, 2024, and April 2, 2024. With an average price target of $252.67 between Stifel, Citigroup, and Barclays, there's an implied 1.77% upside for Illinois Tool Works Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/17/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | 4.32% | Stifel | Nathan Jones | $258 → $259 | Maintains | Hold | Get Alert |
04/08/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | 8.35% | Citigroup | Andrew Kaplowitz | $258 → $269 | Maintains | Neutral | Get Alert |
04/02/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | -7.36% | Barclays | Julian Mitchell | $224 → $230 | Maintains | Underweight | Get Alert |
03/14/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | 22.04% | Truist Securities | Jamie Cook | → $303 | Initiates | → Buy | Get Alert |
02/06/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | -3.33% | Wells Fargo | Joseph O'Dea | $277 → $240 | Downgrade | Equal-Weight → Underweight | Get Alert |
02/05/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | -9.78% | Barclays | Julian Mitchell | $215 → $224 | Maintains | Underweight | Get Alert |
01/23/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | -3.74% | Stifel | Nathan Jones | $238 → $239 | Maintains | Hold | Get Alert |
01/10/2024 | ITW | Buy Now | Illinois Tool Works | $248.28 | -5.35% | B of A Securities | Andrew Obin | $260 → $235 | Downgrade | Neutral → Underperform | Get Alert |
12/19/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | -4.14% | Stifel | Nathan Jones | $236 → $238 | Maintains | Hold | Get Alert |
12/19/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | 11.57% | Wells Fargo | Joe O'Dea | $220 → $277 | Maintains | Equal-Weight | Get Alert |
12/11/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | 3.11% | Citigroup | Andrew Kaplowitz | $244 → $256 | Maintains | Neutral | Get Alert |
10/16/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | 2.71% | JP Morgan | Tami Zakaria | $265 → $255 | Maintains | Overweight | Get Alert |
08/03/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | -6.56% | Morgan Stanley | Joshua Pokrzywinski | $230 → $232 | Maintains | Underweight | Get Alert |
08/02/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | 3.91% | Citigroup | Andrew Kaplowitz | $256 → $258 | Maintains | Neutral | Get Alert |
08/02/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | 17.61% | Credit Suisse | Jamie Cook | $281 → $292 | Maintains | Outperform | Get Alert |
07/19/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | 0.69% | Stifel | Nathan Jones | $236 → $250 | Maintains | Hold | Get Alert |
07/17/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | -7.36% | Morgan Stanley | Joshua Pokrzywinski | $230 → $230 | Reiterates | Underweight → Underweight | Get Alert |
07/12/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | -7.36% | Morgan Stanley | Joshua Pokrzywinski | $211 → $230 | Maintains | Underweight | Get Alert |
07/10/2023 | ITW | Buy Now | Illinois Tool Works | $248.28 | -3.33% | Wells Fargo | Joe O'Dea | $235 → $240 | Maintains | Equal-Weight | Get Alert |
The latest price target for Illinois Tool Works (NYSE: ITW) was reported by Stifel on April 17, 2024. The analyst firm set a price target for $259.00 expecting ITW to rise to within 12 months (a possible 4.32% upside). 26 analyst firms have reported ratings in the last year.
The latest analyst rating for Illinois Tool Works (NYSE: ITW) was provided by Stifel, and Illinois Tool Works maintained their hold rating.
The last upgrade for Illinois Tool Works Inc happened on March 28, 2022 when JP Morgan raised their price target to $255. JP Morgan previously had a neutral for Illinois Tool Works Inc.
The last downgrade for Illinois Tool Works Inc happened on February 6, 2024 when Wells Fargo changed their price target from $277 to $240 for Illinois Tool Works Inc.
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 April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
While ratings are subjective and will change, the latest Illinois Tool Works (ITW) rating was a maintained with a price target of $258.00 to $259.00. The current price Illinois Tool Works (ITW) is trading at is $248.28, which is out of the analyst’s predicted range.
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