How Does Illinois Tool Works Inc. (ITW) Stock Rank on Wall Street Tuesday?

InvestorsObserver is giving Illinois Tool Works Inc. (ITW) an Analyst Rating Rank of 4, meaning ITW is ranked higher by analysts than 4% of stocks. The average price target for ITW is $235.636 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating ITW a Hold today. Find out what this means to you and get the rest of the rankings on ITW!

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Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Illinois Tool Works Inc. Stock Today?

Illinois Tool Works Inc. (ITW) stock is trading at $206.90 as of 1:59 PM on Tuesday, Mar 15, an increase of $0.75, or 0.36% from the previous closing price of $206.15. The stock has traded between $206.02 and $208.36 so far today. Volume today is below average. So far 227,853 shares have traded compared to average volume of 1,265,385 shares. Click Here to get the full Stock Report for Illinois Tool Works Inc. stock.