A Closer Look at 5 Analyst Recommendations For Regal Rexnord
Portfolio Pulse from Benzinga Insights
Regal Rexnord (NYSE:RRX) has received mixed analyst ratings over the past three months, with a majority being bullish. Analysts have set a 12-month average price target of $195.6, slightly up from the previous $195.00. The company's financials show a decline in revenue growth but strong net margin, ROE, and ROA, despite a high debt-to-equity ratio.
September 19, 2024 | 1:01 pm
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Regal Rexnord has received mostly bullish analyst ratings, with a slight increase in the average price target to $195.6. The company faces revenue challenges but maintains strong profitability metrics.
The majority of analysts have given bullish ratings, indicating positive sentiment. The slight increase in the average price target suggests optimism about future performance. Despite a decline in revenue, strong net margin and ROE indicate effective cost management and profitability, which are positive indicators for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100