Oppenheimer Assigns a Buy Rating on Roper Technologies (ROP)


In a report released today, Christopher Glynn from Oppenheimer assigned a Buy rating to Roper Technologies (ROP). The company’s shares opened today at $355.20, close to its 52-week high of $363.85.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 6.5% and a 60.0% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Eaton Corporation.

Currently, the analyst consensus on Roper Technologies is a Moderate Buy with an average price target of $336.60.

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The company has a one-year high of $363.85 and a one-year low of $245.59. Currently, Roper Technologies has an average volume of 410.5K.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

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Roper Technologies, Inc. is diversified technology company, which engages in the provision of engineered products and solutions for the global niche markets. It operates through the following segments: Medical and Scientific Imaging, RF Technology, Industrial Technology, and Energy Systems and Controls.

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