Ralliant (NYSE:RAL) Given New $52.00 Price Target at Royal Bank Of Canada

Ralliant (NYSE:RAL) had its price target increased by investment analysts at Royal Bank Of Canada from $45.00 to $52.00 in a report released on Friday,Benzinga reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 11.43% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Citigroup started coverage on Ralliant in a report on Monday, July 21st. They issued a “neutral” rating and a $53.00 target price on the stock. Oppenheimer started coverage on Ralliant in a research note on Wednesday, September 10th. They issued an “outperform” rating and a $55.00 price objective on the stock. Barclays lowered their price objective on Ralliant from $60.00 to $59.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 13th. TD Cowen began coverage on shares of Ralliant in a report on Tuesday, July 15th. They issued a “buy” rating and a $64.00 target price for the company. Finally, Melius initiated coverage on shares of Ralliant in a research note on Tuesday, July 22nd. They set a “hold” rating and a $56.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $55.75.

Ralliant Stock Down 0.4%

NYSE:RAL traded down $0.19 on Friday, hitting $46.67. The stock had a trading volume of 1,961,771 shares, compared to its average volume of 1,712,687. The business has a 50-day moving average price of $43.14. The stock has a market cap of $5.26 billion and a PE ratio of 69.65. Ralliant has a 52-week low of $40.70 and a 52-week high of $55.08. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38.

Ralliant (NYSE:RAL) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $529.10 million during the quarter, compared to the consensus estimate of $519.14 million. Ralliant has set its Q4 2025 guidance at 0.620-0.680 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. ORG Partners LLC purchased a new stake in shares of Ralliant in the second quarter worth about $70,000. Nordea Investment Management AB purchased a new position in Ralliant during the second quarter worth $29,477,000. Cullen Frost Bankers Inc. bought a new stake in Ralliant in the second quarter worth about $144,000. Tandem Capital Management Corp ADV bought a new stake in shares of Ralliant during the 2nd quarter worth approximately $443,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Ralliant during the second quarter valued at $2,247,000.

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.