What Analysts Are Saying About Regal Rexnord Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Regal Rexnord (NYSE:RRX) over the past three months, with a majority being bullish. The average 12-month price target has increased to $196.33. Despite challenges in revenue growth and financial metrics, the company maintains strong net margins.
October 14, 2024 | 2:00 pm
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Regal Rexnord has received mixed analyst ratings, with a majority being bullish. The average price target has increased to $196.33, indicating positive sentiment. However, the company faces challenges in revenue growth and financial metrics, though it maintains strong net margins.
The majority of analysts have a bullish outlook on Regal Rexnord, with an increased average price target, suggesting potential stock price appreciation. Despite revenue and financial metric challenges, strong net margins provide a positive aspect.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100