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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Rockwell Automation (ROK) and Frontier Group Holdings (ULCC)

Tipranks - Mon Feb 9, 9:54AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Rockwell Automation (ROKResearch Report) and Frontier Group Holdings (ULCCResearch Report).

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Rockwell Automation (ROK)

Oppenheimer analyst Noah Kaye upgraded Rockwell Automation to Buy on February 6 and set a price target of $105.00. The company’s shares closed last Friday at $415.02.

According to TipRanks.com, Kaye is a 5-star analyst with an average return of 17.8% and a 66.7% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Lennox International, Trane Technologies, and Republic Services. ;'>

Rockwell Automation has an analyst consensus of Moderate Buy, with a price target consensus of $405.53, implying a -0.4% downside from current levels. In a report issued on January 24, TipRanks – Google also upgraded the stock to Buy with a $478.00 price target.

See the top stocks recommended by analysts >>

Frontier Group Holdings (ULCC)

In a report released today, Daniel Mckenzie from Seaport Global maintained a Hold rating on Frontier Group Holdings. The company’s shares closed last Friday at $6.52.

According to TipRanks.com, Mckenzie is ranked #3758 out of 12104 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Frontier Group Holdings with a $5.57 average price target, representing a -3.5% downside. In a report issued on February 4, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $5.00 price target.

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