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Enter Symbol:
 
Smith (a.o.) Corporation (AOS) [hlAlert]

Rating:
Neutral AOS

Smith (a.o.) Corporation (AOS) rated Neutral by Goldman

Posted on: Monday,  Jul 1, 2013  8:25 AM ET by Goldman

Smith (a.o.) Corporation
(NYSE: AOS) rated Neutral by Goldman.

A. O. Smith Corporation is a manufacturer of water heating equipment and electric motors, serving a diverse mix of residential, commercial and industrial end markets principally in the United States. The Company's business is organized in two operating segments: Water Products and Electrical Products. The Water Products business manufactures and markets a line of residential gas and electric water heaters, standard and specialty commercial water heating equipment, copper-tube boilers and water systems tanks. The Electrical Products business manufactures and markets a line of hermetic motors, fractional horsepower alternating current (AC) and direct current (DC) motors. During the year ended December 31, 2008, 63% of the Company?s net sales were attributable to its Water Products business and 37% attributable to its Electrical Products business. In April 2009, the Company acquired Smith Investment Co.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2013 8:25 AM Hold
None
36.64
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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