Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ZIM Integrated Shipping Services (ZIM – Research Report) and Rockwell Automation (ROK – Research Report).
ZIM Integrated Shipping Services (ZIM)
In a report released yesterday, Muneeba Kayani from Bank of America Securities reiterated a Sell rating on ZIM Integrated Shipping Services, with a price target of $6.40. The company’s shares closed last Thursday at $7.27, close to its 52-week low of $6.77.
Kayani has an average return of
According to TipRanks.com, Kayani is ranked #2486 out of 8631 analysts.
Currently, the analyst consensus on ZIM Integrated Shipping Services is a Moderate Sell with an average price target of $7.40, which is a -0.1% downside from current levels. In a report released yesterday, Barclays also maintained a Sell rating on the stock with a $6.00 price target.
See the top stocks recommended by analysts >>
Rockwell Automation (ROK)
Bank of America Securities analyst Andrew Obin reiterated a Hold rating on Rockwell Automation yesterday and set a price target of $280.00. The company’s shares closed last Thursday at $272.78.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
Currently, the analyst consensus on Rockwell Automation is a Hold with an average price target of $280.82, implying a 3.5% 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.
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.
Read More on ZIM:
