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Rockwell Automation (NYSE:ROK) has received an average rating of “Hold” from the eleven brokerages that are covering the company, Analyst Ratings Network reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $118.70.

Rockwell Automation (NYSE:ROK) opened at 117.115 on Thursday. Rockwell Automation has a 52-week low of $96.77 and a 52-week high of $128.57. The stock has a 50-day moving average of $118.8 and a 200-day moving average of $121.1. The company has a market cap of $16.147 billion and a price-to-earnings ratio of 20.79.

Rockwell Automation (NYSE:ROK) last released its earnings data on Wednesday, July 30th. The company reported $1.49 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.57 by $0.08. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the prior year, the company posted $1.54 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Analysts expect that Rockwell Automation will post $6.13 EPS for the current fiscal year.

In other Rockwell Automation news, Director William T. Jr/Wi Mccormick unloaded 1,500 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The shares were sold at an average price of $115.62, for a total value of $173,430.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Rockwell Automation in a research note on Tuesday, August 5th. They now have a $119.00 price target on the stock, down previously from $120.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Rockwell Automation in a research note on Thursday, July 31st. They now have a $119.00 price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Rockwell Automation in a research note on Wednesday, July 23rd. They now have a $84.00 price target on the stock, down previously from $88.00.

Rockwell Automation, Inc (NYSE:ROK) is a provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for their businesses.

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