Zacks Investment Research upgraded RBC Bearings Incorporated (NASDAQ:ROLL) to Hold in a report released today.
- Updated: September 24, 2016
Yesterday RBC Bearings Incorporated (NASDAQ:ROLL) traded -1.16% lower at $74.95. The company’s 50-day moving average is $77.28 and its 200-day moving average is $74.37. The last stock close price is up 2.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 56,648 shares of the stock were exchanged, down from an average trading volume of 100,981
Zacks Investment Research has upgraded RBC Bearings Incorporated (NASDAQ:ROLL) to Hold in a report released on 9/21/2016.
See Chart Below
RBC Bearings Incorporated has a 52 week low of $54.38 and a 52 week high of $87.82 with a P/E ratio of 26.17 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokerages have issued a ratings update on the stock. The consensus target price is $75.00 with zero equity analysts rating the stock a strong buy, 0 analysts rating the company a buy, zero brokers rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About RBC Bearings Incorporated (NASDAQ:ROLL)
RBC Bearings Incorporated is an international manufacturer and marketer of engineered precision bearings and products, which are integral to the manufacture and operation of machines, aircraft and mechanical systems. The Company operates through four segments: Plain Bearings; Roller Bearings; Ball Bearings, and Engineered Products. The Company has over 40 facilities of which over 30 are manufacturing facilities in approximately five countries. The Company classifies its customers into two categories: industrial and aerospace. The Company manufactures bearings and engineered products for a range of diversified industrial markets, including construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, semiconductor machinery and the general industrial markets. The Company supplies bearings and engineered products for use in commercial, private and military aircraft and aircraft engines, guided weaponry, and vision and optical systems.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.