Share on StockTwits
 

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.