Ralliant (NYSE:RAL) Now Covered by Citigroup

Citigroup started coverage on shares of Ralliant (NYSE:RAL - Get Free Report) in a research note issued on Monday,Benzinga reports. The brokerage set a "neutral" rating and a $53.00 price target on the stock. Citigroup's price objective points to a potential upside of 13.49% from the company's previous close.

Several other research firms have also commented on RAL. Wall Street Zen raised Ralliant to a "hold" rating in a report on Sunday, July 13th. TD Cowen started coverage on shares of Ralliant in a research report on Tuesday, July 15th. They issued a "buy" rating and a $64.00 price objective for the company. Seaport Res Ptn upgraded shares of Ralliant to a "hold" rating in a research report on Monday, July 14th. Evercore ISI started coverage on shares of Ralliant in a research report on Friday. They issued an "in-line" rating and a $52.00 price objective for the company. Finally, Barclays set a $60.00 price objective on shares of Ralliant and gave the company an "overweight" rating in a research report on Tuesday, July 15th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $57.25.

Ralliant Price Performance

NYSE:RAL opened at $46.70 on Monday. Ralliant has a 52 week low of $43.75 and a 52 week high of $55.08.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. ASR Vermogensbeheer N.V. purchased a new stake in Ralliant in the 2nd quarter worth approximately $879,000. Parsons Capital Management Inc. RI purchased a new stake in Ralliant in the 2nd quarter worth approximately $303,000. Robeco Institutional Asset Management B.V. purchased a new stake in Ralliant in the 2nd quarter worth approximately $4,802,000. Mountain Pacific Investment Advisers LLC purchased a new stake in Ralliant in the 2nd quarter worth approximately $3,455,000. Finally, Dogwood Wealth Management LLC purchased a new stake in Ralliant in the 2nd quarter worth approximately $87,000.

Ralliant Company Profile

Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.

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