Regal Rexnord Corp traded at $159.87 this Friday October 2nd, increasing $3.30 or 2.11 percent since the previous trading session. Looking back, over the last four weeks, Regal Rexnord gained 1.69 percent. Over the last 12 months, its price rose by 8.06 percent. Looking ahead, we forecast Regal Rexnord Corp to be priced at 156.40 by the end of this quarter and at 146.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Regal Rexnord Corporation, formerly Regal Beloit Corporation, is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. The Company operates through three segments: the Commercial and Industrial Systems segment, with its principal line of business in medium and large electric motors, power generation products, high-performance drives and controls and capacitors; the Climate Solutions segment, with its principal line of business in small motors, controls and air moving products, and the Power Transmission Solutions segment, with its principal line of business in power transmission gearing, hydraulic pump drives, open gearing and specialty mechanical products which control motion and torque. It sells its products directly to original equipment manufacturers (OEMs), distributors and end users. It operates distribution facilities in Plainfield, Indiana; McAllen, Texas; LaVergne, Tennessee, and Florence, Kentucky.