Zacks Rating on Timken Company (The) (TKR)

Timken Company (The) (TKR) : Zacks Investment Research ranks Timken Company (The) (TKR) as 4, which is a Sell recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 1.67, which indicates as a Buy.

Timken Company (The) (TKR) : The highest short term price target forecast on Timken Company (The) (TKR) is $40 and the lowest target price is $32. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $35.5 with a standard deviation of $3.32.


Shares of The Timken Company rose by 2.27% in the last five trading days and 11.04% for the last 4 weeks. The Timken Company is up 4.05% in the last 3-month period. Year-to-Date the stock performance stands at 22.89%. Timken Company (The) (NYSE:TKR): stock turned positive on Tuesday. Though the stock opened at $33.82, the bulls momentum made the stock top out at $34.38 level for the day. The stock recorded a low of $33.82 and closed the trading day at $34.3, in the green by 1.96%. The total traded volume for the day was 491,169. The stock had closed at $33.64 in the previous days trading.

The Timken Company (Timken) engineers, manufactures and markets bearings, transmissions, gearboxes, chain and related products and offers a spectrum of power system rebuild and repair services around the world. The Company operates through two segments: Mobile Industries, which offers bearings, seals, lubrication devices and systems, as well as power transmission components, engineered chain, augers and related products and maintenance services, and Process Industries, which provides industrial bearings and assemblies, power transmission components such as gears and gearboxes, couplings, seals, lubricants, chains and related products and services. The Companys industrial brands include Timken, Fafnir, Philadelphia Gear, Drives and Interlube. The Company sells products and services to the following market sectors: industrial equipment, construction, agriculture, rail, aerospace and defense, automotive, heavy truck and energy.

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