In a recent update, Citi analyst Andrew Kaplowitz has adjusted the price target for Rockwell Automation (ROK, Financial), reducing it from $350 to $283 while maintaining a Buy rating on the shares. This revision is part of a broader forecast for the first quarter concerning U.S. electrical equipment and industrial conglomerates.
The analyst foresees a potential boost to the sector's long-term growth prospects, influenced by the Trump Administration's protectionist policies, which may reinvigorate the group's secular growth drivers. Despite the revised price target, there is an expectation of "value developing" within the sector, indicating optimism for future performance.
Citi's assessment suggests that order volumes and earnings for the first quarter across the sector should be stable, offering some reassurance to investors amid these adjustments.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Rockwell Automation Inc (ROK, Financial) is $298.92 with a high estimate of $365.00 and a low estimate of $215.00. The average target implies an upside of 30.32% from the current price of $229.38. More detailed estimate data can be found on the Rockwell Automation Inc (ROK) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, Rockwell Automation Inc's (ROK, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rockwell Automation Inc (ROK, Financial) in one year is $286.20, suggesting a upside of 24.77% from the current price of $229.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rockwell Automation Inc (ROK) Summary page.
