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Illinois Tool Works Inc

64 / 100

Financial Forecast

AI Price Prediction

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Analyst Ratings

Analyst ratings for this stock instrument are based on analysts' assumptions and should not be solely relied upon for financial decisions.

Illinois Tool Works Inc (ITW) Stocklytics Forecast

Illinois Tool Works Inc (ITW) is a renowned manufacturing company that operates across various sectors, including automotive, construction, food equipment, and industrial packaging. With its strong presence in global markets, ITW has created a reputation for delivering innovative solutions and superior products. Investors are always interested in predicting the future stock prices of ITW to make informed investment decisions. Analyzing historical data and employing advanced forecasting techniques can assist in projecting the potential trajectory of ITW stock.

Based on numerous factors such as market trends, industry analysis, and financial indicators, experts have provided a stock price forecast for ITW. While these forecasts are subject to market volatility and other external factors, they can still offer valuable insights. According to financial analysts, ITW's stock price is predicted to experience steady growth over the next few years. The forecast suggests that by the year 2023, ITW stock could reach a target price of $250 per share. This projection takes into account the company's consistent revenue growth, strong financial position, and successful product portfolio.

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Frequently Asked Questions

What is the analyst price prediction for Illinois Tool Works Inc (ITW) stock?

Analysts have set a target price of $240.22 for Illinois Tool Works Inc (ITW), based on forecasts from 27 analysts. The predicted price range extends from a high of $292 to a low of $181. This represents a potential increase of up to 12.81% and a decrease of -30.07% from the current price of $258.83. These forecasts are as of 2023 Feb 03.

What are the analyst ratings for Illinois Tool Works Inc (ITW) stock?

Currently, there are no analyst ratings available for Illinois Tool Works Inc (ITW), possibly due to insufficient coverage or recent updates.

What is the AI price prediction for Illinois Tool Works Inc (ITW) stock?

At present, there is no AI or machine-learning-based price prediction available for Illinois Tool Works Inc (ITW) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.


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