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How Analysts Feel About RBC Bearings Incorporated (NASDAQ:ROLL)?

Resource from:  https://reurope.com/2018/03/07/how-analysts-feel-about-rbc-bearings-incorporated-nasdaqroll/ Likes:183
Mar 08,2018

Investors sentiment increased to 2 in Q3 2017. Its up 0.28, from 1.72 in 2017Q2. It is positive, as 13 investors sold RBC Bearings Incorporated shares while 34 reduced holdings. 30 funds opened positions while 64 raised stakes. 23.19 million shares or 2.43% less from 23.77 million shares in 2017Q2 were reported.


Shine Inv Advisory Ser Inc holds 0.01% or 94 shares in its portfolio. Retail Bank Of Montreal Can holds 0% in RBC Bearings Incorporated (NASDAQ:ROLL) or 479 shares. Us National Bank & Trust De reported 0.01% of its portfolio in RBC Bearings Incorporated (NASDAQ:ROLL). Morgan Stanley has invested 0% in RBC Bearings Incorporated (NASDAQ:ROLL). 1.90M were reported by Neuberger Berman Grp Limited Liability Company. The New Jersey-based Bessemer Grp Inc has invested 0% in RBC Bearings Incorporated (NASDAQ:ROLL). Strs Ohio owns 1,900 shares for 0% of their portfolio. Alliancebernstein L P accumulated 345,081 shares or 0.03% of the stock. 5,784 were reported by First Mercantile Trust. Moreover, Stephens Inv Mngmt Gp Ltd Limited Liability Company has 0.6% invested in RBC Bearings Incorporated (NASDAQ:ROLL) for 207,042 shares. Snyder Cap Mngmt Lp holds 659,076 shares. Hutchin Hill Capital L P, a New York-based fund reported 8,300 shares. C M Bidwell And Assocs accumulated 39 shares or 0.01% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,237 shares in its portfolio. Td Asset Mgmt Inc has 12,110 shares for 0% of their portfolio.


Since February 14, 2018, it had 0 buys, and 1 insider sale for $566,930 activity.

RBC Bearings Incorporated (NASDAQ:ROLL) Ratings Coverage

Among 9 analysts covering RBC Bearings (NASDAQ:ROLL), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. RBC Bearings has $142 highest and $69 lowest target. $107.33’s average target is -11.12% below currents $120.76 stock price. RBC Bearings had 11 analyst reports since September 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by KeyBanc Capital Markets given on Friday, September 15. The company was downgraded on Friday, October 14 by Seaport Global Securities. Seaport Global Securities downgraded the stock to “Accumulate” rating in Friday, November 6 report. Global Hunter Securities upgraded RBC Bearings Incorporated (NASDAQ:ROLL) rating on Monday, September 28. Global Hunter Securities has “Buy” rating and $69 target. Bank of America maintained the shares of ROLL in report on Wednesday, November 8 with “Buy” rating. The rating was downgraded by KeyBanc Capital Markets on Tuesday, August 9 to “Sector Weight”. Avondale maintained RBC Bearings Incorporated (NASDAQ:ROLL) on Monday, March 21 with “Market Outperform” rating. The firm has “Hold” rating given on Tuesday, September 22 by TheStreet. The firm has “Buy” rating given on Wednesday, November 29 by C.L. King. Below is a list of RBC Bearings Incorporated (NASDAQ:ROLL) latest ratings and price target changes.


21/12/2017 Broker: Drexel Hamilton Rating: Buy New Target: $140 Initiates Coverage On
29/11/2017 Broker: C.L. King Rating: Buy Initiate
29/11/2017 Broker: CL King Rating: Buy New Target: $142 Initiates Coverage On
08/11/2017 Broker: Bank of America Rating: Buy Old Target: $120 New Target: $140 Maintain
15/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock increased 0.94% or $1.13 during the last trading session, reaching $120.76. About 78,365 shares traded. RBC Bearings Incorporated (NASDAQ:ROLL) has risen 38.75% since March 7, 2017 and is uptrending. It has outperformed by 22.05% the S&P500.


RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. The company has market cap of $2.85 billion. It operates in four divisions: Plain Bearings, Roller Bearings, Ball Bearings, and Engineered Products. It has a 35.64 P/E ratio. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or in heavy mining and construction equipment.


More news for RBC Bearings Incorporated (NASDAQ:ROLL) were recently published by: Seekingalpha.com, which released: “RBC Bearings: A Great Quarter And A Questionable Valuation” on September 13, 2017. Businesswire.com‘s article titled: “Dr. Steven H. Kaplan Joins RBC Bearings Board of Directors” and published on January 08, 2018 is yet another important article.
(https://reurope.com/2018/03/07/how-analysts-feel-about-rbc-bearings-incorporated-nasdaqroll/)
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