Rogers Co. (NYSE:ROG)‘s stock had its “buy” rating restated by research analysts at B. Riley in a research note issued on Monday. They currently have a $105.00 target price on the electronics maker’s stock. B. Riley’s price target would indicate a potential upside of 22.86% from the company’s current price.

Several other research analysts have also recently issued reports on the company. Raymond James Financial, Inc. reaffirmed an “outperform” rating on shares of Rogers in a research report on Wednesday, November 30th. TheStreet raised Rogers from a “hold” rating to a “buy” rating in a research report on Thursday, November 3rd. Needham & Company LLC lifted their target price on Rogers from $79.00 to $91.00 and gave the company a “buy” rating in a research report on Tuesday, February 21st. Sidoti lowered Rogers from a “buy” rating to a “neutral” rating and set a $76.00 price target on the stock. in a report on Wednesday, November 16th. Finally, Zacks Investment Research upgraded Rogers from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Saturday, November 5th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $61.61.

Analyst Recommendations for Rogers (NYSE:ROG)

Shares of Rogers (NYSE:ROG) traded up 0.28% during mid-day trading on Monday, hitting $85.46. 165,300 shares of the company’s stock were exchanged. Rogers has a 52 week low of $51.98 and a 52 week high of $90.45. The firm has a 50 day moving average price of $83.38 and a 200-day moving average price of $75.61. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 32.25 and a beta of 0.92.

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In other news, SVP Jay B. Knoll sold 2,000 shares of the company’s stock in a transaction dated Wednesday, March 22nd. The stock was sold at an average price of $81.57, for a total value of $163,140.00. Following the completion of the transaction, the senior vice president now directly owns 6,803 shares in the company, valued at approximately $554,920.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Robert C. Daigle sold 3,779 shares of the company’s stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $85.96, for a total value of $324,842.84. Following the completion of the transaction, the senior vice president now owns 40,867 shares of the company’s stock, valued at $3,512,927.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,063 shares of company stock valued at $1,038,151. 1.50% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in ROG. Springbank Value Partners bought a new stake in Rogers during the fourth quarter worth $103,000. Acrospire Investment Management LLC raised its stake in Rogers by 466.7% in the second quarter. Acrospire Investment Management LLC now owns 1,700 shares of the electronics maker’s stock worth $104,000 after buying an additional 1,400 shares during the period. BlackRock Inc. raised its stake in Rogers by 217.4% in the first quarter. BlackRock Inc. now owns 2,044 shares of the electronics maker’s stock worth $122,000 after buying an additional 1,400 shares during the period. Quantbot Technologies LP bought a new stake in Rogers during the third quarter worth $133,000. Finally, PineBridge Investments L.P. raised its stake in Rogers by 4.0% in the second quarter. PineBridge Investments L.P. now owns 2,283 shares of the electronics maker’s stock worth $139,000 after buying an additional 88 shares during the period. 93.17% of the stock is owned by institutional investors.

Rogers Company Profile

Rogers Corporation manufactures and sells engineered materials and components for mission critical applications. The Company’s segments are Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and Other. The ACS segment manufactures and sells circuit materials and solutions for applications in wireless communications infrastructure, automotive, connected devices, consumer electronics and aerospace/defense.

5 Day Chart for NYSE:ROG

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