Rotork plc (LON:ROR) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Rotork plc (LON:ROR) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 397.

A number of analysts recently weighed in on ROR shares. Panmure Gordon upped their target price on shares of Rotork from GBX 360 to GBX 370 and gave the company a “buy” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. lifted their price objective on Rotork from GBX 390 to GBX 420 and gave the company an “overweight” rating in a report on Thursday, December 4th.

Rotork Stock Up 0.3%

ROR opened at GBX 373 on Friday. The company has a market capitalization of £3.07 billion, a P/E ratio of 31.88, a P/E/G ratio of 2.48 and a beta of 0.90. The company has a debt-to-equity ratio of 4.20, a current ratio of 2.43 and a quick ratio of 2.16. The firm’s fifty day moving average price is GBX 355.88 and its two-hundred day moving average price is GBX 344.66. Rotork has a fifty-two week low of GBX 266.80 and a fifty-two week high of GBX 393.60.

Rotork announced that its Board of Directors has approved a stock buyback plan on Wednesday, November 19th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.