Rotork (LON:ROR)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a research report issued on Friday.
Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of Rotork from GBX 360 ($4.70) to GBX 315 ($4.12) and set an “overweight” rating on the stock in a research note on Tuesday, December 4th. Morgan Stanley dropped their price target on shares of Rotork from GBX 300 ($3.92) to GBX 296 ($3.87) and set an “equal weight” rating on the stock in a research note on Wednesday, December 5th. Goldman Sachs Group dropped their price target on shares of Rotork from GBX 325 ($4.25) to GBX 290 ($3.79) and set a “neutral” rating on the stock in a research note on Tuesday, January 8th. Bank of America upgraded shares of Rotork to a “buy” rating and upped their price target for the company from GBX 240 ($3.14) to GBX 300 ($3.92) in a research note on Wednesday, January 9th. Finally, Citigroup dropped their price target on shares of Rotork from GBX 345 ($4.51) to GBX 325 ($4.25) and set a “buy” rating on the stock in a research note on Wednesday, March 6th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 316.86 ($4.14).
Shares of ROR stock opened at GBX 295.80 ($3.87) on Friday. The company has a market cap of $2.57 billion and a P/E ratio of 28.17. The company has a debt-to-equity ratio of 11.85, a quick ratio of 1.67 and a current ratio of 2.24. Rotork has a 12 month low of GBX 232.60 ($3.04) and a 12 month high of GBX 363.20 ($4.75).
In other news, insider Jonathan Davis bought 526 shares of the firm’s stock in a transaction that occurred on Monday, January 21st. The shares were acquired at an average price of GBX 273 ($3.57) per share, with a total value of £1,435.98 ($1,876.36).
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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