Rotork p.l.c. (ROR) Rating Reiterated by HSBC Holdings plc
ROR has been the topic of a number of other research reports. Liberum Capital reiterated a sell rating on shares of Rotork p.l.c. in a report on Friday, July 28th. Barclays PLC lowered their target price on Rotork p.l.c. from GBX 270 ($3.58) to GBX 255 ($3.38) and set an equal weight rating for the company in a research report on Thursday, August 17th. UBS AG raised Rotork p.l.c. to a buy rating and lifted their target price for the stock from GBX 255 ($3.38) to GBX 295 ($3.91) in a report on Monday, September 18th. Morgan Stanley raised Rotork p.l.c. to an overweight rating and lifted their target price for the stock from GBX 250 ($3.32) to GBX 292 ($3.87) in a report on Thursday, June 22nd. Finally, Goldman Sachs Group, Inc. (The) reiterated a buy rating on shares of Rotork p.l.c. in a research report on Friday, July 14th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 250.80 ($3.33).
Shares of Rotork p.l.c. (LON ROR) opened at 262.10 on Friday. The firm’s market capitalization is GBX 2.28 billion. Rotork p.l.c. has a 52 week low of GBX 190.90 and a 52 week high of GBX 269.40. The company’s 50 day moving average price is GBX 240.06 and its 200-day moving average price is GBX 241.85.
The company also recently declared a dividend, which was paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th were issued a GBX 2.05 ($0.03) dividend. The ex-dividend date was Thursday, August 24th. This represents a yield of 0.88%.
In other news, insider Peter France bought 1,411 shares of the stock in a transaction dated Friday, July 21st. The shares were bought at an average cost of GBX 250 ($3.32) per share, with a total value of £3,527.50 ($4,679.00). Also, insider Martin Lamb bought 13,985 shares of the stock in a transaction dated Thursday, August 31st. The shares were purchased at an average cost of GBX 229 ($3.04) per share, for a total transaction of £32,025.65 ($42,479.97). In the last 90 days, insiders have bought 16,601 shares of company stock valued at $3,842,981.
About Rotork p.l.c.
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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