Smith (A.O.) Corporation (AOS) : Zacks Investment Research ranks Smith (A.O.) Corporation (AOS) as 2, which is a Buy recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.71, which indicates as a Buy.
Smith (A.O.) Corporation (AOS) : Average target price received by Smith (A.O.) Corporation (AOS) is $97.33 with an expected standard deviation of $6.6. The most aggressive target on the stock is $105, whereas the most downbeat target is $86. 9 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Smith (A.O.) Corporation (NYSE:AOS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $94.46 and $93.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $94.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $94.86, notching a gain of 0.55% for the day. The total traded volume was 364,934 . The stock had closed at $94.34 on the previous day.
In a related news,The director of Smith A O Corp, Smith Mark D sold 1,146 shares at $93.76 on July 28, 2016. The Insider selling transaction had a total value worth of $107,449. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
A. O. Smith Corporation operates its business through two segments, which include North America and Rest of World. Both segments manufacture and market a range of residential gas, gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products, including water heaters, boilers and others. The Rest of World segment manufactures and markets water treatment products, primarily in Asia. The Rest of World segment includes China, Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers.