Rotork plc (LON:ROR) insider Kevin Hostetler purchased 44 shares of the firm’s stock in a transaction on Thursday, June 10th. The stock was bought at an average cost of GBX 339 ($4.43) per share, with a total value of £149.16 ($194.88).
Shares of LON ROR traded up GBX 5.40 ($0.07) during midday trading on Friday, reaching GBX 341 ($4.46). 790,770 shares of the stock were exchanged, compared to its average volume of 1,381,861. The company has a current ratio of 3.26, a quick ratio of 2.66 and a debt-to-equity ratio of 1.57. The company has a market capitalization of £2.98 billion and a price-to-earnings ratio of 31.87. The firm has a 50-day moving average price of GBX 349.44. Rotork plc has a twelve month low of GBX 254 ($3.32) and a twelve month high of GBX 381.40 ($4.98).
Several equities analysts recently issued reports on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 430 ($5.62) target price on shares of Rotork in a research report on Monday, May 17th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reissued a “buy” rating and issued a GBX 420 ($5.49) price objective on shares of Rotork in a report on Thursday, March 11th. Citigroup reaffirmed a “buy” rating and set a GBX 420 ($5.49) target price on shares of Rotork in a report on Thursday, March 11th. Royal Bank of Canada upped their target price on Rotork from GBX 290 ($3.79) to GBX 310 ($4.05) and gave the company an “underperform” rating in a research report on Wednesday, March 3rd. Finally, Shore Capital reissued a “sell” rating on shares of Rotork in a research report on Friday, April 30th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 339.44 ($4.43).
Rotork plc designs, manufactures, and markets flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.
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