Roper Technologies Inc (ROP) is Reiterated by RBC Capital Mkts to Outperform, Lowers Price Target to $ 200

Roper Technologies Inc (ROP) was Reiterated by RBC Capital Mkts to “Outperform” while Lowering the Price Target of the company shares to $ 200 from a previous price target of $201 . RBC Capital Mkts advised their investors in a research report released on Apr 26, 2016.

Many Wall Street Analysts have commented on Roper Technologies Inc. Shares were Reiterated by RBC Capital Mkts on Feb 2, 2016 to “Outperform” and Lowered the Price Target to $ 201 from a previous price target of $214 .Shares were Reiterated by Stifel on Feb 2, 2016 to “Buy” and Lowered the Price Target to $ 186 from a previous price target of $190 .

On the company’s financial health, Roper Technologies Inc reported $1.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $1.46. The company had revenue of $906.00 million for the quarter, compared to analysts expectations of $896.05 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.55 EPS.

Roper Technologies Inc closed down -0.09 points or -0.05% at $178.63 with 4,82,585 shares getting traded on Friday. Post opening the session at $177.57, the shares hit an intraday low of $177.57 and an intraday high of $179.92 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 25, 2016, Amy Woods Brinkley (director) sold 10 shares at $181.80 per share price. According to the SEC, on Dec 14, 2015, Robert D Johnson (director) sold 500 shares at $183.76 per share price. On Nov 20, 2015, Paul J Soni (Vice President & Controller) sold 12,000 shares at $190.49 per share price, according to the Form-4 filing with the securities and exchange commission.

Roper Technologies Inc. (Roper) formerly Roper Industries Inc. is a diversified technology company. The Company operates in four segments including Medical and Scientific Imaging segment which offers products and software in medical applications and digital imaging products; RF Technology segment which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology segment which produces fluid handling pumps materials analysis equipment and consumables leak testing equipment flow measurement and metering equipment and water meter and automatic meter reading products and systems and Energy Systems and Controls segment which produces control systems fluid properties testing equipment industrial valves and controls vibration sensors and controls and non-destructive inspection and measurement products and solutions.

Roper Technologies Inc

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