Rotork’s (ROR) Overweight Rating Reaffirmed at JPMorgan Chase & Co.
JPMorgan Chase & Co. restated their overweight rating on shares of Rotork (LON:ROR) in a research report sent to investors on Tuesday. The firm currently has a GBX 290 ($4.01) target price on the stock.
Other equities research analysts also recently issued reports about the company. Liberum Capital upped their target price on Rotork from GBX 265 ($3.66) to GBX 275 ($3.80) and gave the stock a hold rating in a research report on Friday, January 12th. Peel Hunt reiterated an add rating and set a GBX 280 ($3.87) price objective on shares of Rotork in a research report on Thursday, January 4th. HSBC upgraded Rotork to a buy rating and increased their price objective for the company from GBX 250 ($3.45) to GBX 335 ($4.63) in a research report on Friday, January 12th. Numis Securities reiterated a hold rating and set a GBX 245 ($3.38) price objective on shares of Rotork in a research report on Tuesday, December 5th. Finally, Deutsche Bank reiterated a hold rating and set a GBX 255 ($3.52) price objective on shares of Rotork in a research report on Monday, December 4th. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 273.13 ($3.77).
Shares of Rotork (LON:ROR) opened at GBX 285.40 ($3.94) on Tuesday. The firm has a market capitalization of $2,470.00 and a P/E ratio of 3,171.11. Rotork has a 52-week low of GBX 221.30 ($3.06) and a 52-week high of GBX 306.80 ($4.24).
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Rotork 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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