2016-07-10

Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Milacron Holdings Corp. (NYSE: MCRN), Regal Beloit Corp (NYSE: RBC) and Rockwell Automation (NYSE: ROK).

Milacron Holdings Corp. (NYSE: MCRN)

In a report issued on July 7, Julian Mitchell from Credit Suisse reiterated a Hold rating on Milacron (NYSE: MCRN), with a price target of $18. The company’s shares closed last Friday at $14.48.

According to TipRanks.com, Mitchell is a 4-star analyst with an average return of 9.1% and a 67.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., Emerson Electric Company, and Rockwell Automation Inc.

Milacron has an analyst consensus of Moderate Buy, with a price target consensus of $18

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Regal Beloit Corp (NYSE: RBC)

In a report issued on July 7, Julian Mitchell from Credit Suisse reiterated a Buy rating on Regal Beloit (NYSE: RBC), with a price target of $63. The company’s shares closed last Friday at $57.97.

According to TipRanks.com, Mitchell is a 4-star analyst with an average return of 9.1% and a 67.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., Emerson Electric Company, and Rockwell Automation Inc.

Regal Beloit has an analyst consensus of Hold, with a price target consensus of $62.75

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Rockwell Automation (NYSE: ROK)

In a report issued on July 7, Julian Mitchell from Credit Suisse reiterated a Hold rating on Rockwell Automation Inc (NYSE: ROK), with a price target of $107. The company’s shares closed last Friday at $115.70.

According to TipRanks.com, Mitchell is a 4-star analyst with an average return of 9.1% and a 67.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., Emerson Electric Company, and Lennox International.

Rockwell Automation Inc has an analyst consensus of Hold, with a price target consensus of $113.50

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The post Analysts Offer Insights on Conglomerates Companies: Milacron Holdings Corp. (NYSE: MCRN), Regal Beloit Corp (NYSE: RBC) and Rockwell Automation (NYSE: ROK) appeared first on Markets.co.

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