The Latest Analyst Ratings For Roper Techs
Portfolio Pulse from Benzinga Insights
Roper Techs (NASDAQ:ROP) has been analyzed by 8 analysts, showing a diverse range of perspectives with an average 12-month price target of $590.38, up from $567.57. Analysts have adjusted their ratings and price targets, reflecting a positive outlook on the company's performance. Roper is a diversified technology company, focusing on software and technology-enabled products, showing solid revenue growth and strong profitability but below-average ROE and ROA.
April 29, 2024 | 1:00 pm
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POSITIVE IMPACT
Roper Techs has received updated analyst ratings and price targets, indicating a positive outlook with an average 12-month price target of $590.38, suggesting confidence in its financial and market performance.
The positive adjustments in analyst ratings and price targets for Roper Techs reflect a bullish sentiment towards the company's future performance. The increase in the average price target, along with the company's solid revenue growth and strong profitability, suggests that analysts are confident in Roper's strategic focus on technology software and its financial health. However, the below-average ROE and ROA indicate areas of potential concern that investors should monitor.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100