Rockwell Automation with ticker code (ROK) now have 21 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 395 and 275 and has a mean target at 333.76. Given that the stocks previous close was at 266.46 this is indicating there is a potential upside of 25.3%. The 50 day moving average now sits at 315.78 and the 200 day moving average is 307.34. The company has a market capitalisation of $30,744m. Visit the company website at: https://www.rockwellautomation.com
The potential market cap would be $38,509m 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 include 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, including 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, including 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.
