Today Barrons is reporting: "Buy Regal Rexnord Stock. The Industrial Company's Shares Could Gain 40%..." For full coverage click here.
Regal Rexnord Corporation, together with its subsidiaries, designs, manufactures, and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The company belongs to the Industrials sector, which has an average price to earnings (P/E) ratio of 21.46 and an average price to book (P/B) ratio of 3.7. In contrast, Regal Rexnord has a trailing 12 month P/E ratio of 26.8 and a P/B ratio of 1.3.
Regal Rexnord has moved -27.8% over the last year compared to -15.7% for the S&P 500 -- a difference of -12.1%. Regal Rexnord has a 52 week high of $176.91 and a 52 week low of $108.28. At today's price of $119.85 per share, Regal Rexnord is -33.58% away from its target price of $180.43, and on average, analysts give the stock a rating of buy. 1.7% of the company's shares are linked to short positions, and 102.7% of the shares are owned by institutional investors.
