Morgan Stanley has revised its price target for Timken (TKR, Financial), lowering it from $94 to $88 while maintaining an Overweight rating on the shares. Analyst Angel Castillo cited the "dynamic macro backdrop" as a key factor influencing this decision.
The firm has adjusted its estimates for the machinery and construction sectors for 2025, with considerations of potential recession risks reflected in more conservative bear case scenarios. This move aligns with a comprehensive reevaluation of risk/reward dynamics, tariff risks, and demand conditions.
In light of these factors, Morgan Stanley is also altering Timken's stock ratings to better align with its risk-adjusted returns analysis, as well as its assessment of market positioning and end-market outlooks. This adjustment recognizes that market participants may already be factoring in a softer economic outlook.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for The Timken Co (TKR, Financial) is $86.11 with a high estimate of $102.00 and a low estimate of $70.00. The average target implies an upside of 38.78% from the current price of $62.05. More detailed estimate data can be found on the The Timken Co (TKR) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, The Timken Co's (TKR, 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 The Timken Co (TKR, Financial) in one year is $78.19, suggesting a upside of 26.01% from the current price of $62.05. 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 The Timken Co (TKR) Summary page.
