Rotork p.l.c.’s (ROR) “Add” Rating Reiterated at Numis Securities Ltd
Rotork p.l.c. (LON:ROR)‘s stock had its “add” rating reaffirmed by stock analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 240 ($3.00) price objective on the stock. Numis Securities Ltd’s target price points to a potential upside of 19.76% from the stock’s current price.
Several other research firms have also issued reports on ROR. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 200 ($2.50) price target on shares of Rotork p.l.c. in a research report on Monday, November 7th. Liberum Capital reissued a “sell” rating and issued a GBX 150 ($1.87) price target on shares of Rotork p.l.c. in a research report on Tuesday, August 2nd. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 230 ($2.87) price target on shares of Rotork p.l.c. in a research report on Friday, October 28th. Royal Bank Of Canada raised shares of Rotork p.l.c. to a “sector perform” rating and boosted their price target for the company from GBX 165 ($2.06) to GBX 200 ($2.50) in a research report on Thursday, September 8th. Finally, HSBC lowered shares of Rotork p.l.c. to a “reduce” rating and lowered their price target for the company from GBX 200 ($2.50) to GBX 180 ($2.25) in a research report on Tuesday, August 16th. Seven investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Rotork p.l.c. has a consensus rating of “Hold” and an average price target of GBX 180.40 ($2.25).
Shares of Rotork p.l.c. (LON:ROR) opened at 222.90 on Tuesday. The firm has a 50-day moving average of GBX 208.64 and a 200-day moving average of GBX 205.32. Rotork p.l.c. has a 12 month low of GBX 150.30 and a 12 month high of GBX 230.40. The firm’s market cap is GBX 1.94 billion.
About Rotork p.l.c.
Rotork plc is a United Kingdom-based company engaged in the design and manufacture of actuators, which are used for the automation of industrial valves, and flow control products. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, sale and manufacture of electric actuators.
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