In a report released yesterday, 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 $279.72.
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 6.1% and a 56.52% success rate on recommended stocks.
Rockwell Automation has an analyst consensus of Hold, with a price target consensus of $289.29.
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ROK market cap is currently $32.05B and has a P/E ratio of 26.61.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is neutral on the stock.
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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 price target raised to $254 from $230 at JPMorgan
- Rockwell Automation CEO buys $992.8K in common stock
- 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
