Rollins, Inc. Surpasses Analyst Target Price; Investor Insights Needed
In recent trading, shares of Rollins, Inc. (Symbol: ROL) have surpassed the average analyst 12-month target price of $55.89, currently trading at $56.37 per share. When a stock aligns with an analyst’s target, they have two main options: downgrade based on valuation or adjust their target to a higher level. This decision may also hinge on the fundamental business developments that drive stock prices. If prospects are improving for Rollins, raising the target price may be warranted.
Rollins, Inc. has nine analysts contributing to its average target within the Zacks coverage universe. It’s important to note that this average represents a mathematical mean. For example, one analyst projects a lower price of $47.00, while another has set a target as high as $62.00. The standard deviation among these targets is $5.348, indicating some variability in analysts’ opinions.
The purpose of examining the average target price is to tap into the “wisdom of crowds,” aggregating insights from various analysts rather than relying on a single expert’s view. With ROL now above the average target price of $55.89, this situation invites investors to reassess the company. They must consider whether $55.89 is merely a milestone on the way to a higher valuation or if the current price suggests it’s time to monetize some gains. Below is a table summarizing the current analyst perspectives on Rollins, Inc.:
| Recent ROL Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 3 | 3 | 4 | 4 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 6 | 6 | 6 | 6 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 2.3 | 2.3 | 2.18 | 2.18 |
The average rating presented in the last row reflects a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Strong Sell. This article utilized data provided by Zacks Investment Research via Quandl.com.
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Additional Insights:
• Funds Holding NIPG
• Institutional Holders of NCIT
• Avery Dennison shares outstanding history
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
