Rotork (ROR) Price Target Raised to GBX 260
Rotork (LON:ROR) had its price objective raised by Credit Suisse Group from GBX 250 ($3.45) to GBX 260 ($3.59) in a research note released on Thursday. They currently have a neutral rating on the stock.
A number of other research analysts also recently weighed in on the company. Numis Securities reiterated a hold rating and set a GBX 270 ($3.73) price target on shares of Rotork in a report on Wednesday. Societe Generale reiterated a buy rating and set a GBX 315 ($4.35) price target on shares of Rotork in a report on Wednesday. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 290 ($4.01) price target on shares of Rotork in a report on Wednesday. Citigroup reiterated a buy rating and set a GBX 315 ($4.35) price target on shares of Rotork in a report on Wednesday. Finally, Morgan Stanley lowered their price target on Rotork from GBX 320 ($4.42) to GBX 310 ($4.28) and set an overweight rating on the stock in a report on Wednesday. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Rotork has a consensus rating of Hold and a consensus target price of GBX 282.81 ($3.91).
Rotork (ROR) opened at GBX 283.10 ($3.91) on Thursday. Rotork has a twelve month low of GBX 221.30 ($3.06) and a twelve month high of GBX 306.80 ($4.24). The firm has a market capitalization of $2,460.00 and a price-to-earnings ratio of 4,044.29.
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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