Keeping an eye on shares of International Game Technology (NYSE:IGT), we see that the current average price target is $21.08. Wall Street analysts have the ability to produce price target estimates for where they think the stock is heading. Because price target projections vary from one analyst to another, they may span a wide range of values. Many investors choose to monitor target prices, and they will pay extra close attention when there are updates. Investors might choose to lean heavily on analyst reports and  target projections when doing their own stock research.

Successful investors are typically highly knowledgeable when it comes to the stock market. Smart investors are usually able to know when to buy and when to sell. They are also adept at controlling risk and properly managing the portfolio to extract maximum profit. These types of investors have most likely put in the required time and effort that it takes to understand the inner workings of the market. Expecting that profits will start rolling in immediately can lead to extreme disappointment down the line. Investors have to learn how to align goals and expectations in order to confidently navigate the market terrain.

Street analysts often provide stock recommendations for companies that they track. According to analysts polled by Zacks Research, the current average rating on shares of International Game Technology (NYSE:IGT) is 1. This average rating includes analysts who have given Buy, Sell and Hold ratings on the name. This rating uses a numerical scale from 1 to 5. A 1 would indicate a Buy recommendation, and a score of 5 would point to a Sell recommendation. Out of all the analysts offering recommendations, 6 have rated the stock a Strong Buy or Buy.

Covering analysts are looking for International Game Technology (NYSE:IGT) to report a current quarter EPS of 0.34 when the company issues their next earnings report. This is the consensus estimate using analysts taken into consideration by Zacks Research. This estimate includes 3 sell-side analysts. For the previous reporting period, the company posted a quarterly EPS of 0.44. Investors will be closely tracking how close the actual comes to the consensus estimate after the next report. Analysts covering the stock are usually very busy during earnings periods. Before the release, they might be revising estimates. After the earnings release, they will closely review the information and update accordingly.

Looking at some recent stock price activity for International Game Technology (NYSE:IGT), we have spotted shares trading near the $13.81 level. Looking at some popular historical levels, we note that the 52-week high is presently $20.2, and the 52-week low is currently $11.37. When the stock is trading close to the 52-week high or 52-week low, investors may pay extra attention to see if there will be a move through that level. Looking back over the last 12 weeks, the stock has moved 3.59%. Heading back to the start of the year, we can see that shares have moved -5.4%. Over the past 4 weeks, shares have seen a change of 17.59%. Over the last 5 trading sessions, the stock has moved 14.29%.

The stock market can be an exciting yet scary place for investors who are just starting out. Individual investors who decide to manage their own portfolios may need to hit the books and be ready to take a comprehensive approach. There is no lack of information about investing in the stock market, but figuring out where to start can be difficult. Setting up goals and defining the investment plan can help start the investor down the right path. As many seasoned investors know, there can be times when nothing seems to be going right. Keeping a clear head and focusing on the relevant information can help the investor stay steady when the going gets tough.                                                                         

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