Rotork p.l.c. (ROR) Earns “Neutral” Rating from Citigroup Inc.

Citigroup Inc. restated their neutral rating on shares of Rotork p.l.c. (LON:ROR) in a research note released on Thursday, May 18th. The firm currently has a GBX 250 ($3.16) price objective on the stock.

ROR has been the topic of a number of other research reports. Liberum Capital reiterated a sell rating on shares of Rotork p.l.c. in a report on Monday, February 27th. HSBC Holdings plc increased their target price on Rotork p.l.c. from GBX 225 ($2.85) to GBX 250 ($3.16) and gave the company a hold rating in a report on Thursday, April 6th. Numis Securities Ltd reiterated a hold rating and set a GBX 245 ($3.10) target price on shares of Rotork p.l.c. in a report on Friday, April 28th. Goldman Sachs Group, Inc. (The) reiterated a buy rating and set a GBX 280 ($3.54) target price on shares of Rotork p.l.c. in a report on Tuesday, February 28th. Finally, Royal Bank Of Canada lowered their target price on Rotork p.l.c. from GBX 275 ($3.48) to GBX 260 ($3.29) and set a sector performer rating on the stock in a report on Tuesday, February 28th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 229.44 ($2.90).

Rotork p.l.c. (LON:ROR) opened at 234.30 on Thursday. The firm has a 50-day moving average price of GBX 238.36 and a 200 day moving average price of GBX 247.91. The company’s market capitalization is GBX 2.04 billion. Rotork p.l.c. has a 1-year low of GBX 173.97 and a 1-year high of GBX 269.40.

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In related news, insider Jonathan Davis purchased 3,054 shares of the company’s stock in a transaction on Friday, May 19th. The shares were bought at an average price of GBX 236 ($2.99) per share, with a total value of £7,207.44 ($9,117.57). Also, insider Stephen Rhys Jones sold 4,821 shares of the company’s stock in a transaction on Friday, March 24th. The shares were sold at an average price of GBX 247 ($3.12), for a total value of £11,907.87 ($15,063.72).

Rotork p.l.c. Company Profile

Rotork Plc is a United Kingdom-based actuator manufacturer and flow control company. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, manufacture and sale of electric actuators. The Fluid Systems segment is engaged in the design, manufacture and sale of pneumatic and hydraulic actuators.

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