Rockwell Automation Inc (ROK) Receives a Hold from Barclays
Barclays analyst Julian Mitchell maintained a Hold rating on Rockwell Automation Inc (ROK) yesterday and set a price target of $159.00. The company’s shares closed last Monday at $158.37.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 10.4% and a 68.6% 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.
Rockwell Automation Inc has an analyst consensus of Hold, with a price target consensus of $154.83.
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Rockwell Automation Inc’s market cap is currently $18.53B and has a P/E ratio of 18.54. The company has a Price to Book ratio of 16.02.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROK in relation to earlier this year.
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