What 4 Analyst Ratings Have To Say About RBC Bearings
Portfolio Pulse from Benzinga Insights
In the last quarter, RBC Bearings (NYSE:RBC) has received 3 bullish and 1 somewhat bullish ratings from analysts. The company has an average 12-month price target of $266.5, with a high of $286.00 and a low of $252.00. The average price target has increased by 0.76% over the past month.
July 21, 2023 | 9:00 pm
News sentiment analysis
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POSITIVE IMPACT
RBC Bearings has received positive analyst ratings, which could boost investor confidence and potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment. In this case, RBC Bearings has received predominantly positive ratings, which could lead to increased investor confidence and a potential rise in the stock price. The increase in the average price target over the past month also indicates a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100