Itw stock price forecast quantitative trend models applied to

Quantitative trend models applied to "ITW stock price forecast" project cumulative gains of 8-10% over the next four quarters under baseline macro scenarios. Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Among the 17 analysts covering ITW stock, the consensus is a “Hold.” That’s based on three “Strong Buy” ratings, 11 “Holds,” and three “Strong Sells.” Price-to-earnings ratio stability relative to peers supports the current "ITW stock price forecast", suggesting valuation remains reasonable in a high-rate environment.