Rotork (ROR) Earns Overweight Rating from JPMorgan Chase & Co.

Rotork (LON:ROR)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They presently have a GBX 290 ($4.01) price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential downside of 0.96% from the company’s current price.

ROR has been the topic of a number of other research reports. Barclays increased their price objective on shares of Rotork from GBX 255 ($3.52) to GBX 260 ($3.59) and gave the stock an “equal weight” rating in a research note on Monday, December 18th. Liberum Capital upgraded shares of Rotork to a “hold” rating and set a GBX 265 ($3.66) price objective on the stock in a research note on Friday, November 24th. Peel Hunt increased their price objective on shares of Rotork from GBX 260 ($3.59) to GBX 280 ($3.87) and gave the stock an “add” rating in a research note on Tuesday, October 31st. Morgan Stanley increased their price objective on shares of Rotork from GBX 293 ($4.05) to GBX 317 ($4.38) and gave the stock an “overweight” rating in a research note on Tuesday, October 17th. Finally, Deutsche Bank reiterated a “hold” rating and issued a GBX 255 ($3.52) price objective on shares of Rotork in a research note on Monday, December 4th. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Rotork has a consensus rating of “Hold” and a consensus price target of GBX 273.13 ($3.77).

Rotork (LON:ROR) opened at GBX 292.80 ($4.05) on Tuesday. Rotork has a 52 week low of GBX 221.30 ($3.06) and a 52 week high of GBX 306.80 ($4.24). The stock has a market cap of $2,500.00 and a P/E ratio of 3,253.33.

In other news, insider Jonathan Davis purchased 551 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average price of GBX 261 ($3.61) per share, for a total transaction of £1,438.11 ($1,986.89). Also, insider Sally James purchased 348 shares of the company’s stock in a transaction that occurred on Thursday, December 21st. The shares were purchased at an average price of GBX 264 ($3.65) per share, for a total transaction of £918.72 ($1,269.30). In the last 90 days, insiders have purchased 1,373 shares of company stock worth $379,305.

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Rotork 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.

Analyst Recommendations for Rotork (LON:ROR)

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