StockNews.com Initiates Coverage on RBC Bearings (NASDAQ:ROLL)

Investment analysts at StockNews.com started coverage on shares of RBC Bearings (NASDAQ:ROLLGet Free Report) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.

RBC Bearings Trading Up 1.8 %

NASDAQ:ROLL opened at $285.30 on Friday. The stock’s 50-day moving average is $290.05 and its 200-day moving average is $281.07. RBC Bearings has a 1-year low of $152.90 and a 1-year high of $264.94. The stock has a market cap of $8.25 billion, a P/E ratio of 138.50 and a beta of 1.34.

RBC Bearings Company Profile

(Get Free Report)

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.

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