Assessing Rockwell Automation: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Rockwell Automation (NYSE:ROK) has received mixed ratings from 4 financial analysts in the last three months, with a shift towards a more bullish outlook in the last 30 days. The average 12-month price target for ROK is now $333.00, up 15.83% from the previous target of $287.50. Analysts from UBS, Wells Fargo, Mizuho, and Stephens & Co. have provided updated ratings and price targets, reflecting their views on the company's market performance and financial health. Rockwell Automation, known for its automation solutions, has shown a revenue growth of 20.53% as of September 30, 2023, but lags behind industry peers. The company has a strong net margin of 7.73% and ROE of 5.74%, but carries a higher debt-to-equity ratio of 0.94.
January 03, 2024 | 12:00 pm
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POSITIVE IMPACT
Rockwell Automation has received updated ratings from analysts, with a more bullish sentiment in recent evaluations. The average 12-month price target has increased to $333.00, indicating a positive outlook on the company's stock value.
The increase in the average price target to $333.00, along with recent bullish ratings, suggests a positive short-term impact on ROK's stock price. The company's strong financial performance, despite higher debt levels, supports this outlook. However, the presence of bearish and neutral ratings indicates some caution, which is why the importance is not set at the maximum.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100