David Raso, analyst at Evercore ISI, reiterates coverage on Timken Company (TKR) in the Industrial Goods sector with a Hold rating. TipRanks.com has Raso rated as a 4 star analyst with a 14% return on investment and a 74% success rate. Raso has set a price target of $78.00 .
TipRanks.com reports that TKR currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $88.40 . The target pricing ranges from a high forecast of $100.00 down to a low forecast of $78.00 .
TKR’s last closing price was $68.58 which would put the average price target at 28.90% upside.
In addition, TradingView issued a Buy rating for TKR over the next month.
Remember, securities are volatile, so please do your own research on TKR.
Other analysts covering TKR include:
- Ross Gilardi of Bank of America Securities issued a buy rate with the price target of $85 on September 15th
- Stephen Volkmann of Jefferies issued a buy rate with the price target of $100 on September 14th
- Joe Ritchie of Goldman Sachs issued a buy rate with the price target of $95 on September 9th
If you are interest in stocks like TKR or stocks in the Industrial Goods sector, please click here.
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