Robert W. Baird analyst Michael Halloran maintained a Buy rating on AO Smith (AOS – Research Report) on February 25 and set a price target of $84.00. The company’s shares closed last Friday at $69.39.
According to TipRanks.com, Halloran is a 5-star analyst with an average return of 15.0% and a 62.6% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and Watts Water Technologies.
AO Smith has an analyst consensus of Hold, with a price target consensus of $83.83.
The company has a one-year high of $86.74 and a one-year low of $59.27. Currently, AO Smith has an average volume of 1.05M.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AOS in relation to earlier this year. Most recently, in December 2021, Ajita Rajendra, a Director at AOS sold 12,319 shares for a total of $1,026,491.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
A. O. Smith Corp. manufactures residential and commercial water heating equipment and air purification products. It operates through the following two segments: North America and Rest of World. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks. The Rest of World segment comprises of China, Europe, and India; and manufactures and markets water treatment products. The company was founded by Charles Jeremiah Smith in 1874 and is headquartered in Milwaukee, WI.
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