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A. O. Smith Corporation (AOS) Receives a Hold from J.P. Morgan

Tipranks - Tipranks - Sat May 2, 7:56AM CDT

In a report released today, Tomohiko Sano from J.P. Morgan maintained a Hold rating on A. O. Smith Corporation, with a price target of $65.00.

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Sano covers the Industrials sector, focusing on stocks such as Allegion, Valmont, and Mirion Technologies. According to TipRanks, Sano has an average return of 1.6% and a 43.37% success rate on recommended stocks.

In addition to J.P. Morgan, A. O. Smith Corporation also received a Hold from KeyBanc’s Jeffrey Hammond in a report issued today. However, on the same day, Stifel Nicolaus maintained a Buy rating on A. O. Smith Corporation (NYSE: AOS).

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Based on A. O. Smith Corporation’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $945.6 million and a net profit of $118 million. In comparison, last year the company earned a revenue of $963.9 million and had a net profit of $136.6 million

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