In a report released today, Joe O’Dea from Wells Fargo maintained a Buy rating on Rockwell Automation (ROK – Research Report), with a price target of $320.00. The company’s shares closed last Friday at $283.50.
O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Carrier Global, and Emerson Electric Company. According to TipRanks, O’Dea has an average return of 5.6% and a 53.37% success rate on recommended stocks.
Rockwell Automation has an analyst consensus of Hold, with a price target consensus of $287.57, which is a 1.44% upside from current levels. In a report released on February 1, Daiwa also maintained a Buy rating on the stock with a $310.00 price target.
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The company has a one-year high of $345.46 and a one-year low of $250.96. Currently, Rockwell Automation has an average volume of 953.5K.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROK in relation to earlier this year.
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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:
- Rockwell Automation Shareholders Elect Directors, Approve Pay
- Rockwell Automation Expands Board, Welcomes Timothy Knavish
- Rockwell Automation price target lowered to $230 from $262 at JPMorgan
- Qualcomm downgraded, Cigna upgraded: Wall Street’s top analyst calls
- Rockwell Automation price target lowered to $292 from $297 at Deutsche Bank
