Roper Technologies (ROP) Received its Third Buy in a Row

After Oppenheimer and Barclays gave Roper Technologies (NYSE: ROP) a Buy rating last month, the company received another Buy, this time from RBC Capital. Analyst Deane Dray maintained a Buy rating on Roper Technologies today and set a price target of $565.00. The company’s shares closed last Tuesday at $472.01.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 9.4% and a 49.8% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

Roper Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $517.00, representing a 12.3% upside. In a report issued on April 20, Oppenheimer also maintained a Buy rating on the stock with a $550.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $505.00 and a one-year low of $417.54. Currently, Roper Technologies has an average volume of 501.5K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on ROP:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More