RBC Capital analyst Deane Dray maintained a Buy rating on Roper Technologies (NYSE:ROP) on Tuesday, setting a price target of $499, which is approximately 15.29% above the present share price of $432.81.
Dray expects Roper Technologies to post earnings per share (EPS) of $2.75 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Roper Technologies, with an average price target of $475.63.
The analysts price targets range from a high of $505 to a low of $386.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.53 billion and a net profit of $400.5 million. The company's market cap is $45.55 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.4% and a 61.44% success rate.
Incorporated in 1981 and based in Florida, Roper Technologies, Inc. is a diversified technology company, which designs and develops software, and engineered products and solutions worldwide. It operates through the following segments: Application Software, Network Software & Systems, Measurement & Analytical Solutions, and Process Technologies.