Rotork (OTCMKTS:RTOXF) was upgraded by equities research analysts at Peel Hunt to a “buy” rating in a note issued to investors on Thursday, The Fly reports.
RTOXF has been the subject of several other reports. Berenberg Bank raised Rotork from a “hold” rating to a “buy” rating in a research report on Monday, October 19th. JPMorgan Chase & Co. cut Rotork from an “overweight” rating to a “neutral” rating in a research report on Monday, December 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold”.
RTOXF opened at $4.44 on Thursday. Rotork has a 1-year low of $2.24 and a 1-year high of $4.71. The business has a 50 day moving average of $4.26 and a 200-day moving average of $3.92.
Rotork plc designs, manufactures, and markets flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical process, and industrial applications worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric, pneumatic, and hydraulic actuators.
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