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Shares of Rockwell Automation (NYSE:ROK) have received an average rating of “Hold” from the eleven analysts that are currently covering the company, American Banking News reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $118.70.

A number of analysts have recently weighed in on ROK shares. 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.

In other Rockwell Automation news, VP Douglas M. Hagerman sold 4,000 shares of Rockwell Automation stock on the open market in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.18, for a total transaction of $468,720.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Rockwell Automation (NYSE:ROK) opened at 116.45 on Thursday. Rockwell Automation has a 1-year low of $96.77 and a 1-year high of $128.57. The stock’s 50-day moving average is $118.3 and its 200-day moving average is $121.1. The company has a market cap of $16.055 billion and a price-to-earnings ratio of 20.77.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.49 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $1.54 earnings per share. The company’s revenue for the quarter 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.

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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