Skip to main content

Market Overview

UPDATE: Goldman Sachs Initiates RBC Bearings with Buy on Multiple Positive Factors


In a report published Monday, Goldman Sachs analyst Samuel H. Eisner initiated coverage on RBC Bearings (NASDAQ: ROLL) with a Buy rating and $61.00 price target.

In the report, Goldman Sachs noted, “We initiate coverage with a Buy rating and a $61, 12-month price target. Our Buy rating reflects continued solid performance out of the company's A&D business alongside moderate short-cycle improvements in heavy truck and industrial distribution markets. As the company has significantly improved its financial position since going public nearly 10 years ago, we believe that increased M&A activity is likely. Further, as ROLL transitions its gross margin expansion towards cost restructuring rather than volume and pricing leverage, we believe the company is positioned to outperform.”

RBC Bearings closed on Friday at $51.95.

Latest Ratings for ROLL

Feb 2021Truist SecuritiesMaintainsHold
Jan 2021Truist SecuritiesUpgradesSellHold
Jul 2020SunTrust Robinson HumphreyDowngradesHoldSell

View More Analyst Ratings for ROLL
View the Latest Analyst Ratings


Related Articles (ROLL)

View Comments and Join the Discussion!

Posted-In: Goldman Sachs Samuel H. EisnerAnalyst Color Initiation Analyst Ratings

Latest Ratings

QSRNorthcoast ResearchInitiates Coverage On
DQGLJ ResearchInitiates Coverage On22.1
TCMaxim GroupDowngrades
GLNGB of A SecuritiesDowngrades
LMNXPiper SandlerDowngrades37.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at