Several investment firms have updated their stock ratings and price targets on shares of Regal Beloit (NYSE: RBC) in the last week:

  • Regal Beloit was downgraded by analysts at RBC Capital from a “buy” rating to a “hold” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Regal Beloit was downgraded by analysts at Jefferies Group from a “buy” rating to a “hold” rating. They now have a $82.00 price target on the stock, up previously from $72.00.
  • Regal Beloit was upgraded by analysts at MKM Partners from a “neutral” rating to a “buy” rating. They now have a $80.00 price target on the stock, up previously from $70.00.
  • Regal Beloit was upgraded by analysts at RBC Capital to a “buy” rating. They now have a $80.00 price target on the stock.
  • Regal Beloit is now covered by analysts at Morgan Stanley. They set an “equal weight” rating on the stock.

Regal Beloit traded up 0.15% on Thursday, hitting $68.70. Regal Beloit has a 1-year low of $47.01 and a 1-year high of $75.60. The company has a market cap of $2.863 billion and a price-to-earnings ratio of 14.99.

Regal Beloit Corporation is a global manufacturer of electric motors and controls, electric generators and controls, and mechanical motion control products.