Wachovia Resumes Coverage on Roper Industries (ROP) with an Outperform
More News related to ROP
- Roper (ROP) Acquires Verathon and United Toll Services; $356M in Total Investments
- Roper Industries Announces Two Acquisitions to Enhance Growth in Medical and Toll & Traffic Businesses
- Roper Industries to Present at the Robert W. Baird Industrial Conference
- Roper Industries To Present at Goldman Sachs Global Industrials Conference
- Baird Upgrades Roper Industries (ROP) to Outperform
Wachovia resumes coverage on Roper Industries (NYSE: ROP) with an Outperform rating. Valuation Range: $53 to $55.
Wachovia analyst says, "We are favorably impressed by ROP's growth strategies that focus on higher-growth, less cyclical niche markets and continued emphasis on improving its cost structure. ROP is a strong cash flow generator with a healthy balance sheet, in our view, that reinvests in its business through a disciplined acquisition program that could supply as much as half of the company's top line growth. Delivering on earnings and its successful and ongoing acquisition program continue to be potential catalysts for stock performance."
To see more analyst ratings on ROP Click Here.
Roper Industries, Inc. engages in designing, manufacturing, and distributing energy systems and controls, scientific and industrial imaging products and software, industrial technology products, and radio frequency products and services.
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