Regal Rexnord Corporation – Consensus ‘strong_buy’ rating and 26.9% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Regal Rexnord Corporation with ticker code (RRX) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘strong_buy’. The range between the high target price and low target price is between $220.00 and $164.98 suggesting an average Analsyt target price of $199.63. Given that the stocks previous close was at $157.35 and the analysts are correct then we can expect a percentage increase in value of 26.9%. Also worth taking note is the 50 day moving average now sits at $166.00 while the 200 day moving average is $159.40. The total market capitalization for the company now stands at 10.49B. The current share price for the company is: $158.46 USD

The potential market cap would be $13,314,685,575 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 50.3, revenue per share of $93.12 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.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search