Rogers Corp (ROG) Receives a Rating Update from a Top Analyst


B.Riley FBR analyst Craig Ellis maintained a Buy rating on Rogers Corp (ROG) today and set a price target of $160. The company’s shares opened today at $131.06.

According to TipRanks.com, Ellis is a top 100 analyst with an average return of 17.8% and a 64.0% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, Rudolph Technologies, and Silicon Laboratories.

Rogers Corp has an analyst consensus of Moderate Buy, with a price target consensus of $155, representing a 18.3% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $155 price target.

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The company has a one-year high of $162.72 and a one-year low of $89.21. Currently, Rogers Corp has an average volume of 126.6K.

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Rogers Corp. engages in the design, development, manufacture, and sale of engineered materials and components for mission critical applications. It operates through the following segments: Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES), and Other.

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