Rotork p.l.c. (ROR) Given “Neutral” Rating at JPMorgan Chase & Co.
JPMorgan Chase & Co. restated their neutral rating on shares of Rotork p.l.c. (LON:ROR) in a research report report published on Wednesday. JPMorgan Chase & Co. currently has a GBX 200 ($2.50) price objective on the stock.
ROR has been the subject of a number of other reports. Royal Bank Of Canada upgraded shares of Rotork p.l.c. to a sector perform rating and increased their price objective for the stock from GBX 165 ($2.06) to GBX 200 ($2.50) in a research note on Thursday, September 8th. Credit Suisse Group AG started coverage on shares of Rotork p.l.c. in a research note on Tuesday, September 20th. They set an outperform rating and a GBX 230 ($2.87) price objective for the company. Numis Securities Ltd restated an add rating and set a GBX 240 ($3.00) price objective on shares of Rotork p.l.c. in a research note on Tuesday. HSBC downgraded shares of Rotork p.l.c. to a reduce rating and reduced their price objective for the stock from GBX 200 ($2.50) to GBX 180 ($2.25) in a research note on Tuesday, August 16th. Finally, Jefferies Group increased their price objective on shares of Rotork p.l.c. from GBX 155 ($1.94) to GBX 170 ($2.12) and gave the stock an underperform rating in a research note on Monday, August 8th. Seven research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 183.07 ($2.29).
Rotork p.l.c. (LON:ROR) traded up 1.59% during midday trading on Wednesday, reaching GBX 240.36. The company had a trading volume of 2,405,623 shares. Rotork p.l.c. has a one year low of GBX 150.30 and a one year high of GBX 241.60. The stock’s 50 day moving average price is GBX 209.73 and its 200-day moving average price is GBX 206.00. The firm’s market capitalization is GBX 2.09 billion.
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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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