Credit Suisse reiterated their outperform rating on shares of Rotork (LON:ROR) in a research note released on Monday morning, Analyst Ratings Net reports. They currently have a GBX 3,230 ($52.88) target price on the stock.
Credit Suisse has also updated their ratings on a number of other stocks in the last week. The firm downgraded shares of Petrobras Energia Participaciones SA to an underperform rating. Also, Credit Suisse downgraded shares of Petroleo Brasileiro SA from an outperform rating to an underperform rating. Their analysts now have a $14.00 price target on that stock, down previously from $25.00. They noted that the move was a valuation call. Finally, Credit Suisse reiterated its neutral rating on shares of Barclays.
ROR has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a buy rating on shares of Rotork in a research note to investors on Thursday, November 28th. They now have a GBX 3,150 ($51.57) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an overweight rating on shares of Rotork in a research note to investors on Monday, November 18th. They now have a GBX 3,300 ($54.03) price target on the stock. Finally, analysts at Investec reiterated a hold rating on shares of Rotork in a research note to investors on Monday, November 18th. They now have a GBX 2,910 ($47.64) price target on the stock, down previously from GBX 2,950 ($48.30). Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 2,901.68 ($47.51).
Rotork (LON:ROR) opened at 2700.00 on Monday. Rotork has a one year low of GBX 2447.1702 and a one year high of GBX 3097.00. The stock’s 50-day moving average is GBX 2845. and its 200-day moving average is GBX 2784.. The company’s market cap is £2.341 billion.
Rotork p.l.c. is a holding company. The Company’s principal activities are the design, manufacture and support of actuators, systems and related products worldwide.
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