Rotork plc (LON:ROR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Rotork plc (LON:ROR) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 405.

A number of brokerages have weighed in on ROR. JPMorgan Chase & Co. raised their target price on shares of Rotork from GBX 390 to GBX 405 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Shore Capital Group upgraded shares of Rotork to a “hold” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 400 price target on shares of Rotork in a research note on Tuesday, May 5th.

Insider Transactions at Rotork

In other news, insider Kiet Huynh bought 49 shares of the stock in a transaction on Monday, May 11th. The stock was acquired at an average price of £150.05 per share, with a total value of £7,352.45. Over the last ninety days, insiders bought 149 shares of company stock valued at $765,137. 0.35% of the stock is owned by corporate insiders.

Rotork Price Performance

ROR stock opened at GBX 488 on Friday. The company has a 50 day simple moving average of GBX 329.15 and a 200 day simple moving average of GBX 335.86. The stock has a market cap of £3.97 billion, a price-to-earnings ratio of 35.62, a P/E/G ratio of 2.48 and a beta of 0.98. Rotork has a 1 year low of GBX 286.40 and a 1 year high of GBX 489.20. The company has a debt-to-equity ratio of 7.69, a current ratio of 2.50 and a quick ratio of 2.16.

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.