In a report released today, Scott Graham from Rosenblatt Securities maintained a Hold rating on Rockwell Automation (ROK), with a price target of $155.00. The company’s shares closed last Wednesday at $166.56.
According to TipRanks.com, Graham is a 5-star analyst with an average return of 5.9% and a 58.7% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, AO Smith, and Pentair.
Rockwell Automation has an analyst consensus of Moderate Buy, with a price target consensus of $158.29.
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The company has a one-year high of $209.61 and a one-year low of $115.38. Currently, Rockwell Automation has an average volume of 1.17M.
Based on the recent corporate insider activity of 75 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rockwell Automation, Inc. engages in the provision of industrial automation and information services. It operates through the following segments: Architecture and Software, and Control Products and Solutions . The Architecture and Software segment contains hardware, software, and communication components of its integrated control and information architecture which are capable of controlling the customer’s industrial processes and connecting with their business enterprise. The Control Products and Solutions segment combines a portfolio of intelligent motor control and industrial control products, application expertise, and project management capabilities. The company was founded in 1928 and is headquartered in Milwaukee, WI.
