Rotork (ROR) Stock Rating Lowered by Credit Suisse Group
Rotork (LON:ROR) was downgraded by analysts at Credit Suisse Group to an “underperform” rating in a research report issued to clients and investors on Wednesday.
Other analysts also recently issued reports about the stock. Barclays upped their price objective on shares of Rotork from GBX 300 ($3.92) to GBX 325 ($4.25) and gave the company an “equal weight” rating in a report on Thursday, August 9th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Rotork in a report on Thursday, August 23rd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Rotork in a report on Wednesday, September 5th. Peel Hunt reaffirmed a “hold” rating on shares of Rotork in a report on Friday, August 3rd. Finally, Deutsche Bank reaffirmed a “hold” rating on shares of Rotork in a report on Wednesday, August 8th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 322.35 ($4.21).
LON ROR opened at GBX 288.70 ($3.77) on Wednesday. Rotork has a twelve month low of GBX 221.30 ($2.89) and a twelve month high of GBX 306.80 ($4.01).
Rotork Company Profile
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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