Rogers Corporation – Consensus Indicates Potential 33.5% Upside

Broker Ratings

Rogers Corporation with ticker code (ROG) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 280 and 225 with a mean TP of 244.4. With the stocks previous close at 183.09 this would indicate that there is a potential upside of 33.5%. The 50 day MA is 195.22 and the 200 day MA is 193.1. The market capitalisation for the company is $3,474m. You can visit the company’s website by visiting: http://www.rogerscorp.com

Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates in Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES), and Other segments. The ACS segment offers circuit materials and solutions for connectivity applications in wireless infrastructure, automotive, aerospace and defense, connected devices, and wired infrastructure under the RO4000, RO3000, RT/duroid, TMM, AD Series, CuClad, Kappa, DiClad, IsoClad, COOLSPAN, MAGTREX, TC Series, IM Series, 92ML, and CLTE Series names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications for general industrial, portable electronics, automotive, mass transit, aerospace and defense, footwear and impact mitigation, and printing markets; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable, electrical insulation, and automotive applications under the PORON, BISCO, DeWAL, ARLON, Griswold, eSORBA, XRD, HeatSORB, and R/bak names. The PES segment offers ceramic substrate materials, busbars, and cooling solutions under the curamik and ROLINX names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.

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