Why A.O. Smith Corporation Stock Surged in November
The stock price of residential and commercial water heater and boiler manufacturer A.O. Smith Corporation (NYSE: AOS) rose 7.1% in November largely after an upbeat presentation to analysts on Nov. 9.
Essentially, the company reiterated the investment case for buying the stock and highlighted management's projection of organic revenue growth of 8% for the next several years.
A collection of A.O. Smith residential water heaters. Image source: A.O. Smith Corporation.
Source: Fool.com
A.O. Smith Corp. Stock
€79.24
0.230%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the A.O. Smith Corp. stock is not clear.
With a target price of 83 € there is a slightly positive potential of 4.75% for A.O. Smith Corp. compared to the current price of 79.24 €.
