Analysts Have Conflicting Sentiments on These Industrial Goods Companies: CH Robinson (CHRW), RELX plc (OtherRLXXF) and Rockwell Automation (ROK)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on CH Robinson (CHRW – Research Report), RELX plc (RLXXF – Research Report) and Rockwell Automation (ROK – Research Report).

CH Robinson (CHRW)

Morgan Stanley analyst Ravi Shanker maintained a Sell rating on CH Robinson today and set a price target of $60.00. The company’s shares closed last Wednesday at $84.09.

According to TipRanks.com, Shanker is a 1-star analyst with an average return of -2.1% and a 49.2% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Expeditors International, United Airlines Holdings, and Frontier Group Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for CH Robinson with a $82.73 average price target.

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RELX plc (RLXXF)

In a report released today, George Webb from Morgan Stanley maintained a Buy rating on RELX plc, with a price target of p3470.00. The company’s shares closed last Wednesday at $41.09, close to its 52-week high of $43.06.

Webb has an average return of 9.2% when recommending RELX plc.

According to TipRanks.com, Webb is ranked #6580 out of 8689 analysts.

RELX plc has an analyst consensus of Moderate Buy, with a price target consensus of $575.47, a 1300.0% upside from current levels. In a report issued on January 22, UBS also maintained a Buy rating on the stock with a £36.40 price target.

Rockwell Automation (ROK)

Bank of America Securities analyst Andrew Obin reiterated a Hold rating on Rockwell Automation today and set a price target of $280.00. The company’s shares closed last Wednesday at $253.28, close to its 52-week low of $252.11.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 8.4% and a 61.8% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Honeywell International, and Illinois Tool Works.

Rockwell Automation has an analyst consensus of Hold, with a price target consensus of $299.93, representing a 13.7% upside. In a report issued on January 22, Loop Capital Markets also maintained a Hold rating on the stock with a $300.00 price target.

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Read More on CHRW:

• CH Robinson Appoints Michael Castagnetto as NAST President
• Ch Robinson Worldwide (CHRW) Q4 Earnings Cheat Sheet
• Apple downgraded, Home Depot upgraded: Wall Street’s top analyst calls
• C.H. Robinson upgraded to Neutral at Susquehanna following pullback
• C.H. Robinson price target raised to $85 from $84 at Stifel