Timken Company Receives a Hold from KeyBanc

KeyBanc analyst Steve Barger reiterated a Hold rating on Timken Company (NYSE: TKR) on November 16. The company’s shares closed on Friday at $46.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 18.7% and a 68.6% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Federal Signal Corp, and Freightcar America.

Timken Company has an analyst consensus of Hold, with a price target consensus of $51.50.

Timken Company’s market cap is currently $3.57B and has a P/E ratio of 18.33. The company has a book value ratio of 2.5091.

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The Timken Co. engineers, manufactures and markets bearings, gear drives, belts, chain and related products, and offers a spectrum of powertrain rebuild and repair services. It operates through the Mobile Industries and Process Industries segments.

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