Oppenheimer analyst Noah Kaye assigned a Hold rating to Rockwell Automation Inc (ROK) yesterday. The company’s shares closed yesterday at $177.46.
According to TipRanks.com, Kaye is a 4-star analyst with an average return of 6.7% and a 56.6% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Caterpillar, BorgWarner, and Twin Disc.
Rockwell Automation Inc has an analyst consensus of Hold, with a price target consensus of $174.63.
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Based on Rockwell Automation Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $80.2 million. In comparison, last year the company had a GAAP net loss of $236 million.
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Rockwell Automation, Inc. engages in the provision of industrial automation and information services. It operates through the Architecture and Software, and Control Products and Solutions segment.
