Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Rockwell Automation (ROK), Barnes Group (B) and JELD-WEN (JELD)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Rockwell Automation (ROK – Research Report), Barnes Group (B – Research Report) and JELD-WEN (JELD – Research Report).

Rockwell Automation (ROK)

In a report released today, Andrew Obin from Bank of America Securities maintained a Hold rating on Rockwell Automation, with a price target of $300.00. The company’s shares closed last Friday at $279.72.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 9.7% and a 62.1% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Emerson Electric Company, and Honeywell International.

Currently, the analyst consensus on Rockwell Automation is a Hold with an average price target of $290.71.

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Barnes Group (B)

In a report released today, Christopher Glynn from Oppenheimer maintained a Buy rating on Barnes Group, with a price target of $43.00. The company’s shares closed last Friday at $36.36.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 15.7% and a 62.1% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Wesco International.

Barnes Group has an analyst consensus of Moderate Buy, with a price target consensus of $38.50.

JELD-WEN (JELD)

Oppenheimer analyst Tyler Batory maintained a Hold rating on JELD-WEN today. The company’s shares closed last Friday at $19.24, close to its 52-week high of $20.10.

According to TipRanks.com, Batory is a 4-star analyst with an average return of 6.8% and a 60.4% success rate. Batory covers the NA sector, focusing on stocks such as Apple Hospitality REIT, Host Hotels & Resorts, and Invitation Homes.

JELD-WEN has an analyst consensus of Hold, with a price target consensus of $18.94, a -2.1% downside from current levels. In a report issued on February 15, Loop Capital Markets also initiated coverage with a Hold rating on the stock with a $22.00 price target.

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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