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Rogers Corp. (NYSE:ROG) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, AR Network reports. The firm currently has a $66.10 target price on the stock. Zacks‘ price objective suggests a potential upside of 5.69% from the stock’s previous close.

Shares of Rogers Corp. (NYSE:ROG) traded up 1.41% on Tuesday, hitting $63.42. The stock had a trading volume of 64,414 shares. Rogers Corp. has a 1-year low of $37.20 and a 1-year high of $63.00. The stock’s 50-day moving average is $59.31 and its 200-day moving average is $58.5. The company has a market cap of $1.124 billion and a P/E ratio of 34.98.

Rogers Corp. (NYSE:ROG) last announced its earnings results on Monday, February 24th. The company reported $0.81 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.76 by $0.05. On average, analysts predict that Rogers Corp. will post $3.23 earnings per share for the current fiscal year.

Separately, analysts at Davidson raised their price target on shares of Rogers Corp. from $65.00 to $68.00 in a research note on Tuesday.

Rogers Corporation (NYSE:ROG) is the supplier of a range of specialty materials and components for the portable communications, communications infrastructure, consumer electronics, mass transit, automotive, defense, and clean technology.

To view Zacks’ full report, visit www.zacks.com

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