Rotork plc (LON:ROR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Rotork plc (LON:RORGet Rating) have earned an average rating of “Moderate Buy” from the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 399.75 ($4.84).

A number of brokerages have recently weighed in on ROR. Berenberg Bank reissued a “buy” rating and issued a GBX 420 ($5.09) price objective on shares of Rotork in a report on Thursday, March 31st. Morgan Stanley reissued an “overweight” rating on shares of Rotork in a report on Wednesday, May 11th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 345 ($4.18) price objective on shares of Rotork in a report on Thursday, March 24th. Shore Capital reaffirmed a “sell” rating on shares of Rotork in a report on Friday, April 29th. Finally, Barclays dropped their target price on Rotork from GBX 405 ($4.90) to GBX 345 ($4.18) and set an “overweight” rating on the stock in a report on Tuesday, May 3rd.

Shares of ROR stock opened at GBX 238 ($2.88) on Tuesday. The stock’s 50-day simple moving average is GBX 266.23 and its 200-day simple moving average is GBX 306.37. The company has a debt-to-equity ratio of 1.75, a quick ratio of 2.18 and a current ratio of 2.99. The firm has a market capitalization of £2.05 billion and a PE ratio of 2,662.22. Rotork has a fifty-two week low of GBX 234.60 ($2.84) and a fifty-two week high of GBX 375.60 ($4.55).

In other Rotork news, insider Kiet Huynh sold 11,820 shares of the stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of GBX 270 ($3.27), for a total transaction of £31,914 ($38,646.16). Also, insider Peter Dilnot purchased 10,000 shares of the stock in a transaction on Friday, May 27th. The shares were acquired at an average price of GBX 267 ($3.23) per share, for a total transaction of £26,700 ($32,332.28).

Rotork Company Profile (Get Rating)

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. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.

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Analyst Recommendations for Rotork (LON:ROR)

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