Sanford C. Bernstein upgraded Rockwell Automation (NYSE:ROK) to Market Perform in a statement released earlier today.
- Updated: September 30, 2016
Yesterday Rockwell Automation (NYSE:ROK) traded 3.12% higher at $117.12. The company’s 50-day moving average is $116.78 and its 200-day moving average is $115.36. The last stock price is up 4.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 405,400 shares of the stock were exchanged, down from an average trading volume of 719,575
Sanford C. Bernstein has upgraded Rockwell Automation (NYSE:ROK) to Market Perform in a statement released on 9/30/2016.
On 5/11/2016, FBR Capital reported about Rockwell Automation (NYSE:ROK) bumped up the target price from $0.00 to $20.00 that suggested a downside of -0.82%.
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Rockwell Automation has a 52 week low of $87.53 and a 52 week high of $120.90 with a P/E ratio of 21.49 The company’s market cap is currently $0.
In addition to Sanford C. Bernstein reporting its target price, a total of 19 brokers have issued a report on ROK. The one year target is $109.79 with zero equity analysts rating the company a strong buy, four equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, five brokerages rating the company a underperform, and lastly one brokerage 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.
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