Wells Fargo analyst Joe O’Dea maintained a Buy rating on Rockwell Automation (ROK – Research Report) yesterday and set a price target of $320.00. The company’s shares closed last Friday at $280.51.
O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Emerson Electric Company, and Parker Hannifin. According to TipRanks, O’Dea has an average return of 6.4% and a 57.84% success rate on recommended stocks.
Rockwell Automation has an analyst consensus of Hold, with a price target consensus of $290.71.
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The company has a one-year high of $343.92 and a one-year low of $249.85. Currently, Rockwell Automation has an average volume of 998.3K.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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 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
