Breaking Finance News

Rockwell Automation (NYSE:ROK) has been upgraded from Underperform to Neutral in a statement by Bank of America (Merrill Lynch) earlier today.

Displaying a price of $139.08, Rockwell Automation (NYSE:ROK) traded 0.56% higher on the day. The last stock price is up 13.28% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same period. Rockwell Automation has recorded a 50-day average of $135.43 and a two hundred day average of $122.28. Volume of trade was down over the average, with 660,530 shares of ROK changing hands under the typical 1,026,150

Bank of America (Merrill Lynch) has upgraded Rockwell Automation (NYSE:ROK) from Underperform to Neutral in a report released on 01/09/2017.

On 02/05/2016, JP Morgan released a statement for Rockwell Automation (NYSE:ROK) bumped down the target price from $90.00 to $88.00 that suggested a downside of -0.11%.

Recent Performance Chart

Rockwell Automation (NYSE:ROK)

With a total market value of $0, Rockwell Automation has P/E ratio of 24.91 with a 52 week low of $87.53 and a 52 week high of $139.64 .

In addition to Bank of America (Merrill Lynch) reporting its stock price target, a total of 19 brokerages have issued a ratings update on Rockwell Automation. The 12-month price target is $109.79 with 0 firms rating the stock a strong buy, 4 brokers rating the stock a buy, 14 brokers rating the stock a hold, 5 firms rating the stock a underperform, and finally 1 analyst rating the company a sell.

General Company Details For Rockwell Automation (NYSE:ROK)

Rockwell Automation, Inc. (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company's integrated control and information architecture capable of controlling the customer's industrial processes and connecting with their manufacturing enterprise. Architecture & Software has a portfolio of products, including Control platforms that perform multiple control disciplines and monitoring of applications, including discrete, batch and continuous process, drives control, motion control and machine safety control. The Control Products & Solutions segment portfolio includes low and medium voltage electro-mechanical and electronic motor starters, signaling devices, termination and protection devices, relays and timers.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *