Ralliant (NYSE:RAL) Now Covered by Analysts at Citigroup

Citigroup initiated coverage on shares of Ralliant (NYSE:RAL) in a research report sent to investors on Monday, Marketbeat reports. The brokerage issued a neutral rating and a $53.00 price target on the stock.

RAL has been the subject of a number of other reports. Barclays set a $60.00 price objective on shares of Ralliant and gave the stock an “overweight” rating in a research note on Tuesday, July 15th. Seaport Res Ptn upgraded Ralliant to a “hold” rating in a research note on Monday, July 14th. TD Cowen initiated coverage on shares of Ralliant in a research report on Tuesday, July 15th. They set a “buy” rating and a $64.00 price target for the company. Wall Street Zen upgraded shares of Ralliant to a “hold” rating in a report on Sunday, July 13th. Finally, Evercore ISI assumed coverage on shares of Ralliant in a report on Friday. They issued an “in-line” rating and a $52.00 price objective on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $57.25.

Ralliant Trading Down 0.0%

Shares of RAL stock opened at $46.62 on Monday. Ralliant has a one year low of $43.75 and a one year high of $55.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. 111 Capital acquired a new position in shares of Ralliant during the 2nd quarter worth approximately $351,000. QRG Capital Management Inc. purchased a new position in Ralliant during the second quarter valued at $230,000. ASR Vermogensbeheer N.V. bought a new position in shares of Ralliant during the second quarter valued at approximately $879,000. Parsons Capital Management Inc. RI acquired a new position in shares of Ralliant in the 2nd quarter valued at $303,000. Finally, Robeco Institutional Asset Management B.V. purchased a new position in Ralliant in the 2nd quarter worth approximately $4,802,000.

About Ralliant

Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.