Analysts Offer Insights on Industrial Goods Companies: Rockwell Automation (ROK) and Agco (AGCO)
Analysts fell to the sidelines weighing in on Rockwell Automation (ROK – Research Report) and Agco (AGCO – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Rockwell Automation (ROK)
In a report released today, Stephen Tusa from J.P. Morgan reiterated a Hold rating on Rockwell Automation, with a price target of $404.00. The company’s shares closed last Thursday at $406.70.
According to TipRanks.com, Tusa is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rockwell Automation with a $418.93 average price target, a 3.4% upside from current levels. In a report released yesterday, TipRanks – xAI also downgraded the stock to Hold with a $471.00 price target.
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Agco (AGCO)
Bernstein analyst Chad Dillard maintained a Hold rating on Agco yesterday and set a price target of $118.00. The company’s shares closed last Thursday at $124.34, close to its 52-week high of $125.76.
According to TipRanks.com, Dillard is a 4-star analyst with an average return of
Currently, the analyst consensus on Agco is a Hold with an average price target of $119.78, implying a -6.3% downside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $115.00 price target.
