Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Illinois Tool Works (ITW)
NYSE:ITW
Illinois Tool Works (ITW) Stock Forecast & Price Target
1,506 Followers
See the Price Targets and Ratings of:
ITW Analyst Ratings
Hold
3 Buy
5 Hold
3 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ITW Stock 12 Month Forecast
Average Price Target
$252.30
▲(3.99% Upside)
| Highest Price Target$283.00 | Average Price Target$252.30 | Lowest Price Target$217.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Stifel Nicolaus
Reiterated
07/18/24
Jefferies
Reiterated
07/11/24
Barclays
Reiterated
07/10/24
Wells Fargo
Assigned
07/10/24
Truist Financial
Reiterated
07/08/24
J.P. Morgan
Reiterated
06/05/24
Bank of America Securities
Reiterated
05/28/24
Seaport Global
Reiterated
05/02/24
Argus Research
Reiterated
05/01/24
Goldman Sachs
Reiterated
05/01/24
Robert W. Baird
$245
Hold
$245.00
(0.98% Upside)
Reiterated
04/30/24
Illinois Tool Works: Hold Rating Affirmed Amid Mixed Financial Performance and Steady Outlook
Citi
$258→$269
Hold
$269.00
(10.87% Upside)
Reiterated
04/08/24
Illinois Tool Works price target raised to $269 from $258 at CitiIllinois Tool Works price target raised to $269 from $258 at Citi
Wolfe Research
$243→$250
Sell
$250.00
(3.04% Upside)
Reiterated
04/08/24
Illinois Tool Works price target raised to $250 from $243 at Wolfe ResearchIllinois Tool Works price target raised to $250 from $243 at Wolfe Research
Deutsche Numis
$183
Sell
$183.00
(-24.57% Downside)
Assigned
09/27/23
Illinois Tool Works named short-term 'Sell Idea' at Deutsche BankIllinois Tool Works named short-term 'Sell Idea' at Deutsche Bank
Morgan Stanley
$230→$232
Sell
$232.00
(-4.38% Downside)
Reiterated
08/03/23
Illinois Tool Works (ITW) PT Raised to $232 at Morgan StanleyMorgan Stanley analyst Joshua Pokrzywinski raised the price target on Illinois Tool Works (NYSE: ITW) to $232.00 (from $230.00) while maintaining a Underweight rating.
Best Analysts Covering Illinois Tool Works
Which Analyst Should I Follow If I Want to Buy ITW and Sell After:
1 Month
xxx
Success Rate
9/16 ratings generated profit
Average Return
+0.49%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 56.25% of your transactions generating a profit, with an average return of +0.49% per trade.
3 Months
xxx
Success Rate
9/14 ratings generated profit
Average Return
+1.32%
reiterated a xxx
rating 14 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 64.29% of your transactions generating a profit, with an average return of +1.32% per trade.
1 Year
2 Years
xxx
Success Rate
13/14 ratings generated profit
Average Return
+9.91%
reiterated a xxx
rating 14 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 92.86% of your transactions generating a profit, with an average return of +9.91% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ITW Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
3
3
4
4
5
Hold
5
5
5
5
4
Sell
8
9
7
9
8
Strong Sell
0
0
0
0
0
total
16
17
16
18
17
Each month's total comprises the sum of three months' worth of ratings.
ITW Financial Forecast
ITW Stock Forecast FAQ
What is ITW’s average 12-month price target, according to analysts?
Based on analyst ratings, Illinois Tool Works’s 12-month average price target is $252.30.
What is ITW’s upside potential, based on the analysts’ average price target?
Illinois Tool Works has 3.99% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ITW a Buy, Sell or Hold?
Illinois Tool Works has a consensus rating of Hold which is based on 3 buy ratings, 5 hold ratings and 3 sell ratings.
What is Illinois Tool Works’s price target?
The average price target for Illinois Tool Works is $252.30. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $283.00 ,the lowest forecast is $217.00. The average price target represents 3.99% Increase from the current price of $242.62.
The highest analyst price target is $283.00 ,the lowest forecast is $217.00. The average price target represents 3.99% Increase from the current price of $242.62.
What do analysts say about Illinois Tool Works?
Illinois Tool Works’s analyst rating consensus is a Hold. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of ITW?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.