Peel Hunt reiterated their buy rating on shares of Rotork (LON:ROR) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on ROR. Deutsche Bank reissued a hold rating on shares of Rotork in a research report on Friday, September 6th. Credit Suisse Group reissued an underperform rating on shares of Rotork in a research report on Thursday, October 17th. Goldman Sachs Group reissued a neutral rating on shares of Rotork in a research report on Friday, October 11th. Berenberg Bank lifted their price target on shares of Rotork from GBX 280 ($3.66) to GBX 290 ($3.79) and gave the company a hold rating in a research report on Thursday, August 15th. Finally, Bank of America dropped their price target on shares of Rotork from GBX 380 ($4.97) to GBX 350 ($4.57) and set a buy rating on the stock in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 318.23 ($4.16).
LON ROR opened at GBX 302.10 ($3.95) on Friday. The company has a quick ratio of 1.56, a current ratio of 2.13 and a debt-to-equity ratio of 6.45. The stock has a market capitalization of $2.63 billion and a PE ratio of 29.05. The company has a 50 day moving average price of GBX 307.99 and a two-hundred day moving average price of GBX 305.53. Rotork has a 12-month low of GBX 232.60 ($3.04) and a 12-month high of GBX 330.70 ($4.32).
Rotork (LON:ROR) last released its quarterly earnings results on Tuesday, August 6th. The company reported GBX 5.80 ($0.08) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 5.30 ($0.07) by GBX 0.50 ($0.01). As a group, equities analysts anticipate that Rotork will post 1364.9998654 EPS for the current year.
In related news, insider Jonathan Davis bought 482 shares of the company’s stock in a transaction that occurred on Monday, October 21st. The shares were acquired at an average price of GBX 298 ($3.89) per share, with a total value of £1,436.36 ($1,876.86). Insiders have purchased 1,404 shares of company stock worth $431,108 in the last ninety days.
Rotork Company Profile
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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