Illinois Tool Works Inc. (ITW) Social Stream
Illinois Tool Works Inc (ITW) Price Targets From Analysts
Use the tables below to see what analysts covering Illinois Tool Works Inc think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-16 | 14 | $260 | $206 | $231.083 | $208.95 | 10.59% |
| 2021-12-10 | 14 | $260 | $206 | $230.166 | $208.95 | 10.15% |
| 2022-01-03 | 14 | $260 | $206 | $230.666 | $208.95 | 10.39% |
| 2022-01-13 | 13 | $265 | $206 | $233.181 | $208.95 | 11.6% |
| 2022-01-20 | 13 | $265 | $212 | $234.5 | $208.95 | 12.23% |
| 2022-02-03 | 13 | $265 | $212 | $234.272 | $208.95 | 12.12% |
| 2022-02-04 | 13 | $265 | $210 | $237.727 | $208.95 | 13.77% |
| 2022-03-15 | 13 | $262 | $210 | $235.636 | $208.95 | 12.77% |
| 2022-03-24 | 13 | $262 | $210 | $233.363 | $208.95 | 11.68% |
| 2022-04-01 | 13 | $256 | $210 | $232.727 | $208.95 | 11.38% |
The Trend in the Analyst Price Target
Over the past 43 weeks, ITW's average price target has gone down $10.45.
ITW reports an average of 4.05% for its upside potential over the past 51 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-17 | 4 | 241 | 189 | 224.310 | 224.03 | 0.12% |
| 2021-06-05 | 21 | 266 | 207 | 243.180 | 235.81 | 3.13% |
| 2021-12-17 | 14 | 260 | 206 | 230.666 | 238.18 | -3.15% |
| 2022-01-03 | 13 | 260 | 206 | 230.666 | 243.48 | -5.26% |
| 2022-03-28 | 13 | 256 | 210 | 232.727 | 214.31 | 8.59% |
ITW Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.95 | 2 | 0 | 9 | 2 | 2 | 13 |
The Trend in the Broker Recommendations
ITW's average broker recommendation rating improved by 0.09 over the prior 18 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for ITW as an investment opportunity.
- In terms of how Illinois Tool Works Inc fares relative to all US stocks, note that its average analyst price target is greater than 1090.43% of that group.
- In terms of how Illinois Tool Works Inc fares relative to all US stocks, note that its number of analysts covering the stock is higher than 976.72% of that group.
- ITW has a lower variance in analysts' estimates than -129.58% of stocks in the large market cap category.
- To contextualize these metrics, consider that out of Machinery stocks, Illinois Tool Works Inc's upside potential (average analyst target price relative to current price) is greater than 332.32% of them.
In the Machinery industry, IR, NOV, and FTI are the three stocks most similar to Illinois Tool Works Inc regarding the price target and analyst recommendation information presented here.
Is ITW a Buy, Hold or Sell? See the POWR Ratings now!