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 target price High/Low ranges between 200 and 184 and has a mean target at $192.00. Given that the stocks previous close was at $118.40 this now indicates there is a potential upside of 62.2%. The 50 day moving average now sits at $144.78 and the 200 day moving average is $144.20. The company has a market cap of 7.64B. The stock price for the company is currently 115.28 USD
The potential market cap would be $12,396,288,830 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 30.99, revenue per share of 83.97 and a 2.81% 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.
