A Glimpse Into The Expert Outlook On RBC Bearings Through 4 Analysts
Portfolio Pulse from Benzinga Insights
RBC Bearings (NYSE:RBC) has been analyzed by 4 analysts, showing a range of sentiments from bullish to indifferent. Recent price targets have been raised, with an average target of $302.5, reflecting a 9.11% increase from the previous average. The company has shown positive revenue growth but lags behind industry averages in ROE and ROA.
June 28, 2024 | 3:01 pm
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RBC Bearings has received mixed analyst ratings, with recent price targets raised to an average of $302.5. The company shows positive revenue growth but lags in ROE and ROA compared to industry averages.
The upward revision in price targets by multiple analysts indicates a positive outlook for RBC Bearings. Despite mixed ratings, the overall sentiment is leaning towards a bullish trend. The company's positive revenue growth supports this outlook, although its lower ROE and ROA compared to industry averages may temper some investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100