Smith (A.O.) Corporation (AOS) : The most positive equity analysts on Smith (A.O.) Corporation (AOS) expects the shares to touch $105, whereas, the least positive believes that the stock will trade at $86 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $98.13 with an expected fluctuation of $6.58 from the mean.
Smith (A.O.) Corporation (AOS) : The consensus on Smith (A.O.) Corporation (AOS) based on 13 analyst recommendation on the company stock is 1.77, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on Smith (A.O.) Corporation (NYSE:AOS). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $90 per share to $103 per share. The rating by the firm was issued on July 14, 2016.
Smith (A.O.) Corporation (NYSE:AOS): The stock opened at $96.41 on Thursday but the bulls could not build on the opening and the stock topped out at $96.86 for the day. The stock traded down to $95.74 during the day, due to lack of any buying support eventually closed down at $96.36 with a loss of -0.12% for the day. The stock had closed at $96.48 on the previous day. The total traded volume was 471,395 shares.
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.