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.
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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.
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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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