Analyst Ratings For Timken
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Timken (NYSE: TKR) over the past three months, with recent evaluations showing a trend towards higher price targets. The average 12-month price target is now $96.5, up from $89.00. Despite a decline in revenue growth and challenges in profitability, Timken's strong ROE and market capitalization indicate financial health.
June 28, 2024 | 9:00 pm
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Analysts have provided mixed ratings for Timken (NYSE: TKR) over the past three months, with recent evaluations showing a trend towards higher price targets. The average 12-month price target is now $96.5, up from $89.00. Despite a decline in revenue growth and challenges in profitability, Timken's strong ROE and market capitalization indicate financial health.
The upward trend in price targets from analysts suggests a positive outlook for Timken's stock in the short term. Despite some financial challenges, the company's strong ROE and market capitalization indicate resilience and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100