Brokerage Firm Rating Update on Smith (A.O.) Corporation (AOS)

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.

Smith (A.O.) Corporation (AOS) : 8 Wall Street analysts covering Smith (A.O.) Corporation (AOS) believe that the average level the stock could reach for the short term is $98.13. The maximum price target given is $105 and the minimum target for short term is around $86, hence the standard deviation is calculated at $6.58.


For the current week, the company shares have a recommendation consensus of Buy. Also, SunTrust Robinson Humphrey maintains their rating on the shares of Smith (A.O.) Corporation (NYSE:AOS). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $103 per share from $90 per share. The rating by the firm was issued on July 14, 2016.

Smith (A.O.) Corporation (NYSE:AOS): The stock opened at $96.03 and touched an intraday high of $96.255 on Wednesday. During the day, the stock corrected to an intraday low of $95.07, however, the bulls stepped in and pushed the price higher to close in the green at $95.96 with a gain of 0.19% for the day. The total traded volume for the day was 517,088. The stock had closed at $95.78 in the previous trading session.

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.

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