UBS' Sector-Wide Industrial Call, Initiates Coverage On 15 Stocks

UBS initiated sector-wide coverage on industrial stocks, including more than 15 names like General Electric Company GE, 3M Co MMM and Rockwell Automation ROK, according to Bloomberg.

The firm reportedly said that the sector has a low value in comparison to the S&P 500. Analysts also mentioned the sector's financials, which have "potential for outperformance," but added that lower crude oil prices are a negative.

Below the ratings:

Initiated With A Buy Rating

General Electric

Danaher Corporation DHR

3M Co

Rockwell Automation

Eaton Corp ETN

Roper Industries, Inc. ROP

Crane Co. CR

SPX Corporation SPW

Ingersoll-Rand plc IR

Lennox International Inc. LII

Initiated With A Neutral Rating

Honeywell International Inc. HON

Dover Corp DOV

Emerson Electric Co. EMR

ITT Corp ITT

Pentair PNR

Initiated With A Sell Rating

Tyco International TYC