Forecasting The Future: 7 Analyst Projections For Regal Rexnord
Portfolio Pulse from Benzinga Insights
Over the past three months, 7 analysts have evaluated Regal Rexnord (NYSE:RRX), with all ratings being somewhat bullish. The average 12-month price target is $201.57, up 4.83% from the previous average. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
June 04, 2024 | 4:00 pm
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Regal Rexnord (NYSE:RRX) has received somewhat bullish ratings from 7 analysts over the past three months. The average 12-month price target is $201.57, reflecting a 4.83% increase from the previous average. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
The unanimous somewhat bullish ratings from analysts and the increase in the average 12-month price target suggest positive sentiment towards Regal Rexnord. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100