KeyBanc analyst Kenneth Newman maintained a Hold rating on Rockwell Automation (ROK – Research Report) today. The company’s shares closed yesterday at $272.04.
According to TipRanks, Newman is a 4-star analyst with an average return of 15.7% and a 71.19% success rate. Newman covers the Industrials sector, focusing on stocks such as Wesco International, Applied Industrial Technologies, and Herc Holdings.
Currently, the analyst consensus on Rockwell Automation is a Hold with an average price target of $290.63.
ROK market cap is currently $31.17B and has a P/E ratio of 26.38.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ROK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rockwell Automation (ROK) Company Description:
Wisconsin-based Rockwell Automation, Inc. provides industrial automation and digital transformation. The company operates through three segments: Intelligent Devices, Software & Control, Lifecycle Services.
Read More on ROK:
