Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on The Middleby (MIDD – Research Report) and Rockwell Automation (ROK – Research Report).
The Middleby (MIDD)
In a report released today, Jeffrey Hammond from KeyBanc reiterated a Buy rating on The Middleby. The company’s shares closed last Wednesday at $115.48, close to its 52-week low of $109.59.
According to TipRanks.com, Hammond is a 5-star analyst with an average return of
The Middleby has an analyst consensus of Strong Buy, with a price target consensus of $158.40, implying a 32.4% upside from current levels. In a report issued on November 5, Citi also maintained a Buy rating on the stock with a $155.00 price target.
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Rockwell Automation (ROK)
KeyBanc analyst Kenneth Newman maintained a Hold rating on Rockwell Automation today. The company’s shares closed last Wednesday at $257.12, close to its 52-week low of $248.71.
According to TipRanks.com, Newman is a 4-star analyst with an average return of
Rockwell Automation has an analyst consensus of Hold, with a price target consensus of $284.83, a 10.4% upside from current levels. In a report issued on November 2, Mizuho Securities also maintained a Hold rating on the stock with a $265.00 price target.
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