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RBC Capital Maintains Their Buy Rating on Roper Technologies (ROP)

RBC Capital analyst Deane Dray maintained a Buy rating on Roper Technologies (ROPResearch Report) on March 14 and set a price target of $547.00. The company’s shares closed last Tuesday at $445.80.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 9.7% and a 51.5% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

Currently, the analyst consensus on Roper Technologies is a Moderate Buy with an average price target of $506.29.

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The company has a one-year high of $505.00 and a one-year low of $385.02. Currently, Roper Technologies has an average volume of 502K.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROP in relation to earlier this year.

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Incorporated in 1981 and based in Florida, Roper Technologies, Inc. is a diversified technology company, which designs and develops software, and engineered products and solutions worldwide. It operates through the following segments: Application Software, Network Software & Systems, Measurement & Analytical Solutions, and Process Technologies.

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