Rotork (LON:ROR) Given “Hold” Rating at Shore Capital

Shore Capital reissued their hold rating on shares of Rotork (LON:ROR) in a report published on Tuesday, MarketBeat.com reports.

ROR has been the topic of a number of other research reports. Berenberg Bank reissued a buy rating and set a GBX 370 ($4.65) price target on shares of Rotork in a report on Wednesday, March 6th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 300 ($3.77) target price on shares of Rotork in a research note on Wednesday, April 10th.

Rotork Trading Up 0.2 %

Shares of Rotork stock opened at GBX 324 ($4.07) on Tuesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 2.16 and a current ratio of 3.09. The company has a market capitalization of £2.78 billion, a P/E ratio of 2,487.69, a PEG ratio of 2.48 and a beta of 0.99. Rotork has a 1 year low of GBX 277.20 ($3.48) and a 1 year high of GBX 344.80 ($4.33). The company’s fifty day moving average is GBX 322.39 and its two-hundred day moving average is GBX 315.48.

Rotork Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, April 18th will be issued a GBX 4.65 ($0.06) dividend. This is an increase from Rotork’s previous dividend of $2.55. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.47%. Rotork’s payout ratio is presently 5,384.62%.

Rotork Company Profile

Rotork plc designs, manufactures, and markets industrial 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.