Robert W. Baird analyst Michael Halloran maintained a Hold rating on AO Smith (NYSE:AOS) on Thursday, setting a price target of $82, which is approximately 16.59% above the present share price of $70.33.
Halloran expects AO Smith to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in AO Smith, with an average price target of $68.33.
The analysts price targets range from a high of $85 to a low of $45.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $859.8 million and a net profit of $148.3 million. The company's market cap is $11.28 billion.
According to TipRanks.com, Robert W. Baird analyst Michael Halloran is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.2% and a 71.56% success rate.
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.