Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Rockwell Automation Inc has a consensus price target of $289.52 based on the ratings of 31 analysts. The high is $378 issued by Bernstein on January 11, 2022. The low is $215 issued by TD Cowen on August 8, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, JP Morgan, and TD Cowen on September 6, 2024, August 12, 2024, and August 8, 2024, respectively. With an average price target of $254 between Morgan Stanley, JP Morgan, and TD Cowen, there's an implied -2.91% downside for Rockwell Automation Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rockwell Automation (NYSE:ROK) was reported by Morgan Stanley on September 6, 2024. The analyst firm set a price target for $320.00 expecting ROK to rise to within 12 months (a possible 22.32% upside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Rockwell Automation (NYSE:ROK) was provided by Morgan Stanley, and Rockwell Automation initiated their overweight rating.
The last upgrade for Rockwell Automation Inc happened on February 1, 2024 when Daiwa Capital raised their price target to $310. Daiwa Capital previously had an outperform for Rockwell Automation Inc.
The last downgrade for Rockwell Automation Inc happened on March 6, 2024 when Berenberg changed their price target from N/A to $290 for Rockwell Automation Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rockwell Automation, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rockwell Automation was filed on September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.
While ratings are subjective and will change, the latest Rockwell Automation (ROK) rating was a initiated with a price target of $0.00 to $320.00. The current price Rockwell Automation (ROK) is trading at is $261.60, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.