Barclays Keeps a Hold Rating on Rockwell Automation Inc (ROK)


In a report issued on June 3, Julian Mitchell from Barclays maintained a Hold rating on Rockwell Automation Inc (ROK), with a price target of $164. The company’s shares opened today at $157.53.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 12.2% and a 75.3% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Gates Industrial Corp Plc, and Emerson Electric Company.

Currently, the analyst consensus on Rockwell Automation Inc is a Hold with an average price target of $176.

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Based on Rockwell Automation Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $346 million. In comparison, last year the company had a net profit of $227 million.

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