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Roper Technologies (ROP) Stock Forecast & Price Target

$562.99
+0.44 (+0.08%)
(As of 04:30 PM ET)

Roper Technologies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$584.82
3.88% Upside
High Forecast$680.00
Average Forecast$584.82
Low Forecast$503.00
TypeCurrent Forecast
6/26/23 to 6/25/24
1 Month Ago
5/27/23 to 5/26/24
3 Months Ago
3/28/23 to 3/27/24
1 Year Ago
6/26/22 to 6/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$584.82$584.82$574.25$497.91
Forecasted Upside3.88% Upside13.05% Upside10.58% Upside16.19% Upside
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ROP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ROP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Roper Technologies Stock vs. The Competition

TypeRoper TechnologiesComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.82
2.60
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside3.96% Upside214.17% Upside10.30% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/13/2024Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
4/29/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$650.00 ➝ $650.00+25.98%
4/29/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$696.00 ➝ $680.00+31.86%
4/29/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$525.00 ➝ $530.00+0.61%
4/2/2024Barclays
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 Boost TargetOverweight ➝ Overweight$596.00 ➝ $600.00+10.01%
2/2/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$572.00 ➝ $620.00+13.59%
1/22/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$560.00 ➝ $615.00+12.13%
1/4/2024TD Cowen
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 DowngradeOutperform ➝ Market Perform$535.00+0.75%
10/20/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$575.00+18.85%
7/24/2023Argus
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 Boost TargetBuy$490.00 ➝ $550.00+9.87%
7/21/2023Jefferies Financial Group
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 Boost Target$530.00 ➝ $575.00+15.14%
7/18/2023Robert W. Baird
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 Boost Target$483.00 ➝ $503.00+5.55%
5/2/2023Sanford C. Bernstein
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 UpgradeUnderperform ➝ Market Perform$490.00 ➝ $525.00+14.47%
3/22/2023JPMorgan Chase & Co.
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 UpgradeUnderweight ➝ Neutral$385.00 ➝ $420.00-2.43%
12/15/2022The Goldman Sachs Group
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 Boost TargetNeutral$423.00 ➝ $468.00+8.19%
7/26/2022Cowen
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 Lower TargetOutperform$545.00 ➝ $500.00+21.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:25 PM ET.

ROP Forecast - Frequently Asked Questions

What is Roper Technologies's stock forecast and purchase recommendation?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Roper Technologies is $584.82, with a high forecast of $680.00 and a low forecast of $503.00. The consensus rating for Roper Technologies stock is Moderate Buy based on the current 3 hold ratings, 7 buy ratings and 1 strong buy rating for ROP. Learn more on ROP's analyst rating history.

Do Wall Street analysts like Roper Technologies more than its competitors?

Analysts like Roper Technologies more than other "computer and technology" companies. The consensus rating score for Roper Technologies is 2.82 while the average consensus rating score for "computer and technology" companies is 2.60. Learn more on how ROP compares to other companies.

Is Roper Technologies being downgraded by Wall Street analysts?

Over the previous 90 days, Roper Technologies's stock had 1 downgrade by analysts.

Does Roper Technologies's stock price have much upside?

According to analysts, Roper Technologies's stock has a predicted upside of 13.05% based on their 12-month stock forecasts.

What analysts cover Roper Technologies?

Roper Technologies has been rated by research analysts at Barclays, Mizuho, Oppenheimer, Royal Bank of Canada, and Wolfe Research in the past 90 days.


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This page (NYSE:ROP) was last updated on 6/25/2024 by MarketBeat.com Staff

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