Rockwell Automation with ticker code (ROK) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 395 and 275 with the average target price sitting at 333.05. Now with the previous closing price of 271 this now indicates there is a potential upside of 22.9%. The day 50 moving average is 285.89 and the 200 day MA is 307.46. The company has a market cap of $32,050m. Visit the company website at: https://www.rockwellautomation.com
The potential market cap would be $39,389m based on the market concensus.
Rockwell Automation provides industrial automation and digital transformation solutions in the United States and internationally. The company operates in three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions lude hardware and software products, and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, digital twin and simulation software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, luding automotive, semiconductor, warehousing and logistics, and other discrete markets, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, luding water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation was founded in 1903 and is headquartered in Milwaukee, Wisconsin.