Rotork p.l.c.’s (ROR) “Buy” Rating Reaffirmed at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) reaffirmed their buy rating on shares of Rotork p.l.c. (LON:ROR) in a research note released on Thursday. They currently have a GBX 280 ($3.63) price target on the stock.
A number of other equities research analysts also recently weighed in on ROR. Liberum Capital reaffirmed a sell rating on shares of Rotork p.l.c. in a research report on Friday, April 28th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 245 ($3.18) price objective on shares of Rotork p.l.c. in a research report on Friday, April 28th. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 265 ($3.44) price objective on shares of Rotork p.l.c. in a research report on Tuesday, May 2nd. Deutsche Bank AG reaffirmed a hold rating on shares of Rotork p.l.c. in a research report on Wednesday, May 3rd. Finally, Peel Hunt lowered their price objective on shares of Rotork p.l.c. from GBX 265 ($3.44) to GBX 260 ($3.38) and set an add rating for the company in a research report on Thursday, May 4th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 255.15 ($3.31).
Shares of Rotork p.l.c. (ROR) traded up 1.20% during mid-day trading on Thursday, reaching GBX 228.50. The company’s stock had a trading volume of 1,903,752 shares. The company’s 50-day moving average is GBX 236.98 and its 200-day moving average is GBX 243.34. Rotork p.l.c. has a 52 week low of GBX 190.90 and a 52 week high of GBX 269.40. The stock’s market capitalization is GBX 1.99 billion.
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The business also recently disclosed a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be issued a GBX 2.05 ($0.03) dividend. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, August 24th.
In related news, insider Jonathan Davis acquired 637 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of GBX 226 ($2.93) per share, for a total transaction of £1,439.62 ($1,868.91). Also, insider Peter France acquired 1,411 shares of the firm’s stock in a transaction dated Friday, July 21st. The stock was bought at an average price of GBX 250 ($3.25) per share, with a total value of £3,527.50 ($4,579.38). Insiders bought 3,551 shares of company stock valued at $849,917 over the last quarter.
Rotork p.l.c. Company Profile
Rotork Plc is a United Kingdom-based actuator manufacturer and flow control company. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, manufacture and sale of electric actuators. The Fluid Systems segment is engaged in the design, manufacture and sale of pneumatic and hydraulic actuators.
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