Rotork p.l.c. (LON:ROR)‘s stock had its “overweight” rating reaffirmed by investment analysts at J P Morgan Chase & Co in a research note issued to investors on Monday, July 3rd. They currently have a GBX 265 ($3.45) target price on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 13.69% from the company’s previous close.
Other equities analysts have also recently issued reports about the stock. Peel Hunt decreased their target price on shares of Rotork p.l.c. from GBX 265 ($3.45) to GBX 260 ($3.39) and set an “add” rating for the company in a research note on Thursday, May 4th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Rotork p.l.c. in a research note on Tuesday, April 18th. Barclays PLC reiterated an “equal weight” rating on shares of Rotork p.l.c. in a research note on Tuesday, April 25th. Deutsche Bank AG reissued a “hold” rating on shares of Rotork p.l.c. in a report on Wednesday, May 3rd. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 245 ($3.19) price target on shares of Rotork p.l.c. in a report on Friday, April 28th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. Rotork p.l.c. currently has a consensus rating of “Hold” and a consensus price target of GBX 234.24 ($3.05).
Rotork p.l.c. (ROR) traded down 7.50% on Monday, reaching GBX 233.10. 4,748,122 shares of the company were exchanged. Rotork p.l.c. has a 12-month low of GBX 188.40 and a 12-month high of GBX 269.40. The firm has a 50-day moving average of GBX 240.89 and a 200 day moving average of GBX 247.30. The firm’s market capitalization is GBX 2.03 billion.
In related news, insider Peter France bought 1,411 shares of the firm’s stock in a transaction on Friday, July 21st. The shares were bought at an average price of GBX 250 ($3.26) per share, with a total value of £3,527.50 ($4,595.49). Also, insider Jonathan Davis bought 3,054 shares of the firm’s stock in a transaction on Friday, May 19th. The stock was bought at an average cost of GBX 236 ($3.07) per share, for a total transaction of £7,207.44 ($9,389.58). Insiders acquired 5,968 shares of company stock worth $1,426,699 in the last ninety days.
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.
Receive News & Ratings for Rotork p.l.c. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rotork p.l.c. and related companies with MarketBeat.com's FREE daily email newsletter.