This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: CSX (CSX), Rockwell Automation (ROK) and Cummins (CMI)

Tipranks - Sat Jun 13, 6:52AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on CSX (CSX), Rockwell Automation (ROK) and Cummins (CMI).

Introducing TipRanks MCP for Agents

CSX (CSX)

In a report released yesterday, David Vernon from Bernstein maintained a Hold rating on CSX, with a price target of $39.00. The company’s shares closed last Thursday at $47.37.

According to TipRanks.com, Vernon is a 5-star analyst with an average return of 11.7% and a 68.0% success rate. Vernon covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and United Airlines Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSX with a $45.84 average price target, representing a -1.9% downside. In a report issued on June 5, Susquehanna also maintained a Hold rating on the stock with a $50.00 price target.

See today’s best-performing stocks on TipRanks >>

Rockwell Automation (ROK)

Wells Fargo analyst Joe O’Dea maintained a Hold rating on Rockwell Automation yesterday and set a price target of $440.00. The company’s shares closed last Thursday at $457.59.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 10.3% and a 59.5% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Rockwell Automation is a Moderate Buy with an average price target of $475.00, which is a 7.3% upside from current levels. In a report issued on June 10, Bernstein also reiterated a Hold rating on the stock with a $501.00 price target.

Cummins (CMI)

In a report released today, Jerry Revich from Wells Fargo reiterated a Buy rating on Cummins. The company’s shares closed last Thursday at $655.69.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 8.8% and a 56.6% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, EquipmentShare.com, Inc., and Republic Services. ;'>

Currently, the analyst consensus on Cummins is a Moderate Buy with an average price target of $763.58, representing a 18.6% upside. In a report issued on June 8, UBS also upgraded the stock to Buy with a $850.00 price target.

Read More on CSX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.