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 $312.00. The company’s shares closed last Friday at $269.76.
According to TipRanks, O’Dea is a 4-star analyst with an average return of 8.1% and a 59.53% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Eaton, Johnson Controls, and Lennox International.
The word on The Street in general, suggests a Hold analyst consensus rating for Rockwell Automation with a $278.46 average price target, representing a 3.23% upside. In a report released on May 7, Robert W. Baird also maintained a Buy rating on the stock with a $304.00 price target.
ROK market cap is currently $30.75B and has a P/E ratio of 26.36.
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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 management to meet with Loop Capital
- Rockwell Automation price target lowered to $290 from $300 at Loop Capital
- Rockwell Automation price target lowered to $260 from $265 at Barclays
- Rockwell Automation price target lowered to $304 from $310 at Baird
- Rockwell Automation price target lowered to $260 from $265 at Mizuho
