AO Smith Corp Gets a Hold Rating from KeyBanc

By Jason Carr

In a report issued on September 10, Jeffrey Hammond from KeyBanc reiterated a Hold rating on AO Smith Corp (NYSE: AOS). The company’s shares closed yesterday at $58.17, close to its 52-week high of $58.24.

According to, Hammond is a 4-star analyst with an average return of 10.8% and a 63.5% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Watts Water Technologies, and Circor International.

Currently, the analyst consensus on AO Smith Corp is Moderate Buy and the average price target is $59.75, representing a 2.7% upside.

In a report issued on September 5, Stifel Nicolaus also reiterated a Hold rating on the stock with a $54 price target.

AO Smith Corp’s market cap is currently $10.97B and has a P/E ratio of 29.53. The company has a book value ratio of 6.8745.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

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A. O. Smith Corp. manufactures residential and commercial water heating equipment and air purification products. It operates through the North America and Rest of World segments. The North America segment manufactures and globally markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks.