Why Illinois Tool Works' Stock Rose 7.6% in September
Shares of industrial components manufacturer Illinois Tool Works (NYSE: ITW) rose 7.6% in September, continuing a growth trend that has caused shares to soar 160% over the last five years.
As sometimes happens, the stock took off for no apparent reason, but some of the company's recent decisions provide some clues as to why shares were ripe for outperformance.
Illinois Tool Works has outperformed the broader stock market regularly, and September was no exception. Image source: Getty Images.
Source: Fool.com
Illinois Tool Works Aktie
224,90 €
2,49 %
Derzeit ist die Community gegenüber der Illinois Tool Works Aktie mit 9 Sell-Einschätzungen und 6 Buy-Einschätzungen eher negativ gestimmt.
Das Kursziel von 219 € für Illinois Tool Works weist auf ein leicht negatives Potenzial gegenüber dem aktuellen Kurs von 224.9 € hin.
