Consensus Rating1
Neutral
Highest Price Target1
$318.00
Lowest Price Target1
$181.00
Consensus Price Target1
$251.39

Illinois Tool Works Analyst Ratings and Price Targets | NYSE:ITW | Benzinga

Illinois Tool Works Inc has a consensus price target of $251.39 based on the ratings of 18 analysts. The high is $318 issued by Truist Securities on December 19, 2024. The low is $181 issued by Deutsche Bank on April 12, 2023. The 3 most-recent analyst ratings were released by Citigroup, Stifel, and Barclays on April 14, 2025, April 14, 2025, and April 10, 2025, respectively. With an average price target of $240 between Citigroup, Stifel, and Barclays, there's an implied 3.53% upside for Illinois Tool Works Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
Dec 24
2
1
Jan
1
1
2
Feb
2
Mar
3
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Stifel
Barclays
UBS
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Illinois Tool Works

Buy NowGet Alert
04/14/2025Buy Now9.14%Citigroup
Andrew Kaplowitz77%
$265 → $253MaintainsNeutralGet Alert
04/14/2025Buy Now-2.08%Stifel
Nathan Jones74%
$259 → $227MaintainsHoldGet Alert
04/10/2025Buy Now3.53%Barclays
Julian Mitchell72%
$252 → $240MaintainsEqual-WeightGet Alert
04/07/2025Buy Now0.94%UBS
Steven Fisher72%
$269 → $234MaintainsNeutralGet Alert
03/26/2025Buy Now8.71%Barclays
Julian Mitchell72%
$260 → $252MaintainsEqual-WeightGet Alert
03/10/2025Buy Now12.16%Barclays
Julian Mitchell72%
$262 → $260MaintainsEqual-WeightGet Alert
02/19/2025Buy Now8.71%Evercore ISI Group
David Raso63%
$255 → $252MaintainsUnderperformGet Alert
02/07/2025Buy Now13.02%Barclays
Julian Mitchell72%
$265 → $262MaintainsEqual-WeightGet Alert
02/06/2025Buy Now11.72%Stifel
Nathan Jones74%
$266 → $259MaintainsHoldGet Alert
02/06/2025Buy Now5.69%Wells Fargo
Joseph O'Dea57%
$250 → $245MaintainsUnderweightGet Alert
02/03/2025Buy Now27.25%JP Morgan
Tami Zakaria66%
$300 → $295MaintainsOverweightGet Alert
01/24/2025Buy Now14.74%Stifel
Nathan Jones74%
$268 → $266MaintainsHoldGet Alert
01/13/2025Buy Now14.31%Citigroup
Andrew Kaplowitz77%
$279 → $265MaintainsNeutralGet Alert
01/08/2025Buy Now14.31%Barclays
Julian Mitchell72%
$270 → $265MaintainsEqual-WeightGet Alert
01/07/2025Buy Now7.84%Wells Fargo
Joseph O'Dea57%
$260 → $250MaintainsUnderweightGet Alert
12/19/2024Buy Now37.18%Truist Securities
Jamie Cook66%
$312 → $318MaintainsBuyGet Alert
12/11/2024Buy Now15.61%Stifel
Nathan Jones74%
$262 → $268MaintainsHoldGet Alert
12/09/2024Buy Now20.35%Citigroup
Andrew Kaplowitz77%
$266 → $279MaintainsNeutralGet Alert
12/06/2024Buy Now25.1%Jefferies
Stephen Volkmann70%
$255 → $290MaintainsHoldGet Alert
12/05/2024Buy Now16.47%Barclays
Julian Mitchell72%
$230 → $270UpgradeUnderweight → Equal-WeightGet Alert
11/13/2024Buy Now10%Evercore ISI Group
David Raso63%
$246 → $255DowngradeIn-Line → UnderperformGet Alert
11/01/2024Buy Now-0.79%Barclays
Julian Mitchell72%
$215 → $230MaintainsUnderweightGet Alert
10/31/2024Buy Now7.84%Baird
Mig Dobre39%
$240 → $250MaintainsNeutralGet Alert
10/16/2024Buy Now13.02%Stifel
Nathan Jones74%
$260 → $262MaintainsHoldGet Alert
10/09/2024Buy Now34.59%Truist Securities
Jamie Cook66%
$281 → $312MaintainsBuyGet Alert
10/07/2024Buy Now7.84%Wells Fargo
Joseph O'Dea57%
$236 → $250MaintainsUnderweightGet Alert
08/19/2024Buy Now6.12%Evercore ISI Group—$251 → $246MaintainsIn-LineGet Alert
07/31/2024Buy Now-7.26%Barclays
Julian Mitchell72%
$217 → $215MaintainsUnderweightGet Alert
07/31/2024Buy Now16.47%JP Morgan
Tami Zakaria66%
$267 → $270MaintainsOverweightGet Alert
07/31/2024Buy Now1.8%Wells Fargo
Joseph O'Dea57%
$230 → $236MaintainsUnderweightGet Alert
07/31/2024Buy Now12.16%Stifel
Nathan Jones74%
$268 → $260MaintainsHoldGet Alert
07/31/2024Buy Now21.21%Truist Securities
Jamie Cook66%
$283 → $281MaintainsBuyGet Alert
07/25/2024Buy Now15.18%JP Morgan
Tami Zakaria66%
$275 → $267MaintainsOverweightGet Alert
07/18/2024Buy Now15.61%Stifel
Nathan Jones74%
$259 → $268MaintainsHoldGet Alert
07/11/2024Buy Now3.53%Jefferies
Stephen Volkmann70%
$275 → $240MaintainsHoldGet Alert
07/10/2024Buy Now-0.79%Wells Fargo
Joseph O'Dea57%
$244 → $230MaintainsUnderweightGet Alert
07/02/2024Buy Now22.08%Truist Securities
Jamie Cook66%
$305 → $283MaintainsBuyGet Alert
06/04/2024Buy Now-6.39%Barclays
Julian Mitchell72%
$229 → $217MaintainsUnderweightGet Alert
05/02/2024Buy Now-1.22%Barclays
Julian Mitchell72%
$230 → $229MaintainsUnderweightGet Alert
05/01/2024Buy Now5.25%Wells Fargo
Joseph O'Dea57%
$255 → $244MaintainsUnderweightGet Alert
05/01/2024Buy Now31.57%Truist Securities
Jamie Cook66%
$303 → $305MaintainsBuyGet Alert
04/17/2024Buy Now11.72%Stifel
Nathan Jones74%
$258 → $259MaintainsHoldGet Alert
04/08/2024Buy Now16.04%Citigroup
Andrew Kaplowitz77%
$258 → $269MaintainsNeutralGet Alert
04/02/2024Buy Now-0.79%Barclays
Julian Mitchell72%
$224 → $230MaintainsUnderweightGet Alert
03/14/2024Buy Now30.7%Truist Securities
Jamie Cook66%
→ $303Initiates → BuyGet Alert
02/06/2024Buy Now3.53%Wells Fargo
Joseph O'Dea57%
$277 → $240DowngradeEqual-Weight → UnderweightGet Alert
02/05/2024Buy Now-3.37%Barclays
Julian Mitchell72%
$215 → $224MaintainsUnderweightGet Alert
01/23/2024Buy Now3.1%Stifel
Nathan Jones74%
$238 → $239MaintainsHoldGet Alert
01/10/2024Buy Now1.37%B of A Securities
Andrew Obin69%
$260 → $235DowngradeNeutral → UnderperformGet Alert
12/19/2023Buy Now2.67%Stifel
Nathan Jones74%
$236 → $238MaintainsHoldGet Alert
12/19/2023Buy Now19.49%Wells Fargo
Joe O'Dea63%
$220 → $277MaintainsEqual-WeightGet Alert
12/11/2023Buy Now10.43%Citigroup
Andrew Kaplowitz77%
$244 → $256MaintainsNeutralGet Alert
10/16/2023Buy Now10%JP Morgan
Tami Zakaria66%
$265 → $255MaintainsOverweightGet Alert
08/03/2023Buy Now0.08%Morgan Stanley
Joshua Pokrzywinski75%
$230 → $232MaintainsUnderweightGet Alert
08/02/2023Buy Now11.29%Citigroup
Andrew Kaplowitz77%
$256 → $258MaintainsNeutralGet Alert
08/02/2023Buy Now25.96%Credit Suisse
Jamie Cook66%
$281 → $292MaintainsOutperformGet Alert
07/19/2023Buy Now7.84%Stifel
Nathan Jones74%
$236 → $250MaintainsHoldGet Alert
07/17/2023Buy Now-0.79%Morgan Stanley
Joshua Pokrzywinski75%
$230 → $230ReiteratesUnderweight → UnderweightGet Alert
07/12/2023Buy Now-0.79%Morgan Stanley
Joshua Pokrzywinski75%
$211 → $230MaintainsUnderweightGet Alert
07/10/2023Buy Now3.53%Wells Fargo
Joe O'Dea63%
$235 → $240MaintainsEqual-WeightGet Alert
07/10/2023Buy Now-9.41%Barclays
Julian Mitchell72%
$203 → $210MaintainsUnderweightGet Alert
05/08/2023Buy Now1.37%Wells Fargo
Joe O'Dea63%
$227 → $235MaintainsEqual-WeightGet Alert
05/03/2023Buy Now10.43%Citigroup
Andrew Kaplowitz77%
$255 → $256MaintainsNeutralGet Alert
05/03/2023Buy Now1.8%Stifel
Nathan Jones74%
$240 → $236MaintainsHoldGet Alert
05/03/2023Buy Now-8.98%Morgan Stanley
Joshua Pokrzywinski75%
$223 → $211MaintainsUnderweightGet Alert
05/03/2023Buy Now21.21%Credit Suisse
Jamie Cook66%
$282 → $281MaintainsOutperformGet Alert
05/03/2023Buy Now-12.43%Barclays
Julian Mitchell72%
$205 → $203MaintainsUnderweightGet Alert
04/18/2023Buy Now14.31%JP Morgan
Tami Zakaria66%
$275 → $265MaintainsOverweightGet Alert
04/17/2023Buy Now3.53%Stifel
Nathan Jones74%
$241 → $240MaintainsHoldGet Alert
04/13/2023Buy Now-2.08%Wells Fargo
Joseph O'Dea57%
$250 → $227MaintainsEqual-WeightGet Alert
04/12/2023Buy Now-21.92%Deutsche Bank
Nicole Deblase79%
$183 → $181MaintainsSellGet Alert
04/06/2023Buy Now-11.57%Barclays
Julian Mitchell72%
$211 → $205MaintainsUnderweightGet Alert
02/09/2023Buy Now5.69%UBS
Steven Fisher72%
$213 → $245MaintainsNeutralGet Alert
02/07/2023Buy Now-3.8%Morgan Stanley
Joshua Pokrzywinski75%
$174 → $223MaintainsUnderweightGet Alert
02/03/2023Buy Now21.65%Credit Suisse
Jamie Cook66%
$259 → $282MaintainsOutperformGet Alert
02/03/2023Buy Now10%Citigroup
Andrew Kaplowitz77%
$232 → $255MaintainsNeutralGet Alert
01/24/2023Buy Now-4.24%Baird
Mig Dobre39%
$200 → $222MaintainsNeutralGet Alert
01/19/2023Buy Now-5.1%Wells Fargo
Joe O'Dea63%
$210 → $220MaintainsEqual-WeightGet Alert
01/06/2023Buy Now-24.94%Morgan Stanley
Joshua Pokrzywinski75%
$172 → $174MaintainsUnderweightGet Alert
01/05/2023Buy Now-9.41%Wells Fargo
Joe O'Dea63%
$187 → $210MaintainsEqual-WeightGet Alert
01/05/2023Buy Now-20.63%Barclays
Julian Mitchell72%
$172 → $184MaintainsUnderweightGet Alert
01/03/2023Buy Now-5.1%Vertical Research
Jeffrey Sprague76%
$240 → $220DowngradeBuy → HoldGet Alert
12/15/2022Buy Now2.67%Goldman Sachs
Joe Ritchie73%
$210 → $238MaintainsNeutralGet Alert
12/09/2022Buy Now0.08%Citigroup
Andrew Kaplowitz77%
$202 → $232MaintainsNeutralGet Alert
10/27/2022Buy Now-25.8%Morgan Stanley
Joshua Pokrzywinski75%
$165 → $172MaintainsUnderweightGet Alert
10/26/2022Buy Now4.82%Credit Suisse
Jamie Cook66%
$229 → $243MaintainsOutperformGet Alert
10/13/2022Buy Now-28.82%Deutsche Bank
Nicole Deblase79%
$188 → $165MaintainsSellGet Alert
10/12/2022Buy Now-28.82%Morgan Stanley
Joshua Pokrzywinski75%
$191 → $165MaintainsUnderweightGet Alert
10/11/2022Buy Now-18.9%Stifel
Nathan Jones74%
$192 → $188MaintainsHoldGet Alert
10/03/2022Buy Now-25.8%Barclays
Julian Mitchell72%
$179 → $172MaintainsUnderweightGet Alert
08/24/2022Buy Now-5.1%B of A Securities
Andrew Obin69%
→ $220Reinstates → NeutralGet Alert
08/15/2022Buy Now-18.9%Deutsche Bank
Nicole Deblase79%
→ $188DowngradeHold → SellGet Alert
08/03/2022Buy Now-17.61%Morgan Stanley
Joshua Pokrzywinski75%
$182 → $191MaintainsUnderweightGet Alert
08/03/2022Buy Now-1.22%Credit Suisse
Jamie Cook66%
$225 → $229MaintainsOutperformGet Alert
08/03/2022Buy Now-19.33%Wells Fargo
Joseph O'Dea57%
$180 → $187MaintainsEqual-WeightGet Alert
08/03/2022Buy Now-9.41%Citigroup
Andrew Kaplowitz77%
$191 → $210MaintainsNeutralGet Alert
07/18/2022Buy Now-29.69%Stifel
Nathan Jones74%
$206 → $163MaintainsHoldGet Alert
07/15/2022Buy Now-15.88%Jefferies
Stephen Volkmann70%
$235 → $195MaintainsHoldGet Alert
07/13/2022Buy Now-18.47%Deutsche Bank
Nicole Deblase79%
$229 → $189MaintainsHoldGet Alert
07/12/2022Buy Now-7.26%JP Morgan
Tami Zakaria66%
$255 → $215MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Illinois Tool Works (ITW) stock?

A

The latest price target for Illinois Tool Works (NYSE:ITW) was reported by Citigroup on April 14, 2025. The analyst firm set a price target for $253.00 expecting ITW to rise to within 12 months (a possible 9.14% upside). 42 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Illinois Tool Works (ITW)?

A

The latest analyst rating for Illinois Tool Works (NYSE:ITW) was provided by Citigroup, and Illinois Tool Works maintained their neutral rating.

Q

When was the last upgrade for Illinois Tool Works (ITW)?

A

The last upgrade for Illinois Tool Works Inc happened on December 5, 2024 when Barclays raised their price target to $270. Barclays previously had an underweight for Illinois Tool Works Inc.

Q

When was the last downgrade for Illinois Tool Works (ITW)?

A

The last downgrade for Illinois Tool Works Inc happened on November 13, 2024 when Evercore ISI Group changed their price target from $246 to $255 for Illinois Tool Works Inc.

Q

When is the next analyst rating going to be posted or updated for Illinois Tool Works (ITW)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Illinois Tool Works, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Illinois Tool Works was filed on April 14, 2025 so you should expect the next rating to be made available sometime around April 14, 2026.

Q

Is the Analyst Rating Illinois Tool Works (ITW) correct?

A

While ratings are subjective and will change, the latest Illinois Tool Works (ITW) rating was a maintained with a price target of $265.00 to $253.00. The current price Illinois Tool Works (ITW) is trading at is $231.82, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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