Roper Technologies receives 'buy' rating as Stifel starts coverage

Roper Technologies

27/03/2025 13:26

** Brokerage Stifel starts coverage on software firm Roper Technologies ROP.O with "buy" rating and PT of $685

** New PT represents 17.5% upside to the stock's last close

** Brokerage sees upside to ROP's diversified business and its specialized software products across various niche markets

** "We believe that Roper's focus on software will continue to drive increased organic growth as it leverages advanced technologies to enhance product offerings, streamline operations and expand its customer base" - Stifel analysts

     ** 11 of 18 brokerages rate stock "buy" or higher, 6 rate "hold", 1 rate sell; their median PT is $645 as per data compiled by LSEG

**  ROP up 12.1% YTD

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com;))