Rotork (LON:ROR)‘s stock had its “buy” rating reissued by equities research analysts at UBS Group in a note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 338 ($4.42) price target on the stock. UBS Group’s price target would suggest a potential upside of 8.61% from the company’s current price.
A number of other research analysts also recently weighed in on the stock. Berenberg Bank started coverage on shares of Rotork in a report on Thursday, May 16th. They set a “hold” rating and a GBX 280 ($3.66) price target on the stock. Peel Hunt restated a “buy” rating on shares of Rotork in a report on Tuesday. Credit Suisse Group downgraded shares of Rotork to an “underperform” rating in a report on Wednesday, July 3rd. Deutsche Bank raised their price target on shares of Rotork from GBX 250 ($3.27) to GBX 295 ($3.85) and gave the company a “hold” rating in a report on Friday, June 14th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Rotork in a report on Thursday, July 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. Rotork currently has a consensus rating of “Hold” and a consensus target price of GBX 314.14 ($4.10).
ROR stock opened at GBX 311.20 ($4.07) on Tuesday. Rotork has a 12-month low of GBX 232.60 ($3.04) and a 12-month high of GBX 351 ($4.59). The company has a current ratio of 2.24, a quick ratio of 1.62 and a debt-to-equity ratio of 11.85. The stock has a market cap of $2.68 billion and a P/E ratio of 29.64. The business has a 50 day moving average of GBX 308.14.
Rotork (LON:ROR) last released its earnings results on Tuesday, August 6th. The company reported GBX 5.80 ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 5.30 ($0.07) by GBX 0.50 ($0.01). As a group, analysts expect that Rotork will post 1364.9999108 EPS for the current fiscal year.
In other news, insider Jonathan Davis bought 484 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of GBX 297 ($3.88) per share, for a total transaction of £1,437.48 ($1,878.32).
Rotork Company Profile
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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