Regal Rexnord Corporation – Consensus ‘buy’ rating and 29.6% Upside Potential

Broker Ratings
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Regal Rexnord Corporation which can be found using ticker (RRX) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $175.00 and $145.00 calculating the average target price we see $160.50. Given that the stocks previous close was at $123.82 this would imply there is now a potential upside of 29.6%. It’s also worth noting that there is a 50 day moving average of $122.11 while the 200 day moving average is $139.76. The market cap for the company is 8.26B. The stock price is currently at: $124.46 USD

The potential market cap would be $10,704,121,520 based on the market consensus.

The company has a dividend yield of 2.92%. Other points of data to note are a P/E ratio of -, revenue per share of $88.76 and a 3.11% return on assets.

Regal Rexnord Corporation is engaged in the engineering and manufacturing of factory automation sub-systems, industrial powertrain solutions, automation and mechanical power transmission components, electric motors and electronic controls, air-moving products, and specialty electrical components and systems. Its Industrial Powertrain Solutions segment designs, produces and services mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes and more. Its Power Efficiency Solutions segment designs and produces fractional to approximately five horsepower alternating current (AC) and direct current (DC) motors, electronic variable speed controls, fans, and blowers. Its Automation & Motion Control segment designs, produces and services conveyor products, conveying automation subsystems, aerospace components, and rotary precision motion solutions. Its Industrial Systems segment designs and produces integral motors, and alternators.

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