Regal Beloit Corporation – Consensus Says Potential 32.5% Rise
Regal Beloit Company found using ticker (RBC) now have 7 analysts covering the stock with the consensus suggesting a rating of “Buy”. The target price is between 202 and 175, with the average target price being 188.14. Now, with the previous closing price of 142.01, this now indicates that there is upside potential of 32.5%. The 50 day moving average is 148.66 while the 200 day moving average is 142.72. The company has a market capitalization of $ 5,825 million. Visit the company’s website at: http://www.regalbeloit.com
Regal Beloit Corporation, in conjunction with its subsidiaries, designs, manufactures and sells electric motors, electric motion controls, and power generation and transmission products around the world. It operates through four segments: commercial systems, industrial systems, climate solutions and power transmission solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for main and backup power applications in data centers, distributed power, microgrid, marine rental, agriculture, healthcare, mobile phone and defense ; and switchgear for healthcare, government and wastewater applications, as well as residential, commercial and industrial applications. The Climate Solutions segment provides fractional motors, electronic variable speed controls and fans for residential and light commercial air displacement applications; and fractional horsepower motors and blowers for household appliances, water heating equipment, small pumps, compressors and fans. The Power Transmission Solutions segment offers bearings; conveyors; discs, diaphragms, flexible gears and couplings, transmission elements, gears, grids, jaws, elastomers and disc couplings; mechanical power transmission drives and components; and worm gears, shaft configuration, helical, concentric and right angle offset, bevel and miter gears and spur gears, as well as plastic modular belts, transport chains and hydraulic pump drives. This segment serves the beverage, bulk handling, metal, specialty machinery, energy, aerospace and general industry markets. The company sells its products directly to original equipment manufacturers and end users through a network of direct and independent sales representatives and distributors. Regal Beloit Corporation was founded in 1955 and is headquartered in Beloit, Wisconsin.
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