Analyst Price Target is $82.38
▲ +15.37% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Timken in the last 3 months. The average price target is $82.38, with a high forecast of $100.00 and a low forecast of $73.00. The average price target represents a 15.37% upside from the last price of $71.40.
Current Consensus is
The current consensus among 8 polled investment analysts is to buy stock in Timken. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
The Timken Co. engages in the engineering, manufacturing and marketing of bearings and power transmission products. It offers gearboxes, belts, chain, lubrication systems, couplings, industrial clutches and brakes. It operates through the Mobile Industries and Process Industries segments. The Mobile Industries segment serves OEM customers that manufacture off-highway equipment for the agricultural, mining and construction markets; on-highway vehicles including passenger cars, light trucks, and medium- and heavy-duty trucks; rail cars and locomotives; outdoor power equipment; and rotorcraft and fixed-wing aircraft. The Process Industries segment handles OEM and end-user customers in industries that place heavy demands on the fixed operating equipment they make or use in heavy and other general industrial sectors. The company was founded by Henry Timken in 1899 and is headquartered in North Canton, OH.