Bulls vs Bears
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RBC Bearings Inc has a consensus price target of $296.8 based on the ratings of 12 analysts. The high is $375 issued by Keybanc on November 22, 2024. The low is $220 issued by Wells Fargo on January 10, 2023. The 3 most-recent analyst ratings were released by Keybanc, B of A Securities, and Truist Securities on November 22, 2024, November 21, 2024, and November 20, 2024, respectively. With an average price target of $352.33 between Keybanc, B of A Securities, and Truist Securities, there's an implied 13.88% upside for RBC Bearings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for RBC Bearings (NYSE:RBC) was reported by Keybanc on November 22, 2024. The analyst firm set a price target for $375.00 expecting RBC to rise to within 12 months (a possible 21.20% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for RBC Bearings (NYSE:RBC) was provided by Keybanc, and RBC Bearings upgraded their overweight rating.
The last upgrade for RBC Bearings Inc happened on November 22, 2024 when Keybanc raised their price target to $375. Keybanc previously had a sector weight for RBC Bearings Inc.
The last downgrade for RBC Bearings Inc happened on November 21, 2024 when B of A Securities changed their price target from $330 to $335 for RBC Bearings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RBC Bearings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for RBC Bearings was filed on November 22, 2024 so you should expect the next rating to be made available sometime around November 22, 2025.
While ratings are subjective and will change, the latest RBC Bearings (RBC) rating was a upgraded with a price target of $0.00 to $375.00. The current price RBC Bearings (RBC) is trading at is $309.40, which is within the analyst’s predicted range.
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