Roper Industries PT Raised to $139.00 (ROP)
Stock analysts at Barclays upped their price objective on shares of Roper Industries (NYSE:ROP) from $131.00 to $139.00 in a report issued on Tuesday, Stock Ratings News reports. The firm currently has an “overweight” rating on the stock. Barclays’ target price points to a potential upside of 2.65% from the stock’s previous close.
Separately, analysts at Canaccord Genuity raised their price target on shares of Roper Industries from $128.00 to $135.00 in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $135.50.
Roper Industries (NYSE:ROP) last released its earnings data on Monday, January 27th. The company reported $1.65 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.60 by $0.05. The company had revenue of $889.00 million for the quarter, compared to the consensus estimate of $881.27 million. During the same quarter last year, the company posted $1.48 earnings per share. Roper Industries’s revenue was up 9.8% compared to the same quarter last year.
Roper Industries, Inc (NYSE:ROP) designs, manufactures and distributes radio frequency (RF) products, services and application software, industrial technology products, energy systems and controls and medical and scientific imaging products and software.
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