In a report released today, Katja Jancic from BMO Capital maintained a Hold rating on Worthington Industries (WOR – Research Report), with a price target of $54.00. The company’s shares opened today at $51.06.
According to TipRanks, Jancic is ranked #4331 out of 8098 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Worthington Industries with a $54.00 average price target.
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WOR market cap is currently $2.58B and has a P/E ratio of 11.90.
Based on the recent corporate insider activity of 58 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 WOR in relation to earlier this year.
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Worthington Industries, Inc. engages in processing of value-added steel and manufacturing of metal products. It operates through the following segments: Steel Processing, Pressure Cylinders, and Engineered Cabs. The Steel Processing segment is consist of Worthington Steel business unit which operates eight manufacturing facilities and three consolidated joint ventures. The Pressure Cylinders segment includes the Worthington Cylinders business unit, which operates 19 manufacturing facilities. The Engineered Cabs segment comprises the Worthington Industries Engineered Cabs business unit, which operates four manufacturing facilities. The company was founded by John H. McConnell in 1955 and is headquartered in Columbus, OH.
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