Analysts Set Rotork plc (LON:ROR) Target Price at GBX 402

Shares of Rotork plc (LON:ROR) have been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 402.

A number of equities analysts have recently commented on ROR shares. Berenberg Bank dropped their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 400 price objective on shares of Rotork in a research note on Tuesday, May 5th. Shore Capital Group upgraded Rotork to a “hold” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. lowered their price target on Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a research note on Wednesday, March 11th.

Insider Transactions at Rotork

In other news, insider Kiet Huynh purchased 49 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of £150.05 per share, for a total transaction of £7,352.45. Insiders bought 143 shares of company stock worth $765,212 in the last 90 days. Insiders own 0.31% of the company’s stock.

Rotork Trading Up 1.8%

Rotork stock opened at GBX 300.80 on Wednesday. The company has a debt-to-equity ratio of 7.69, a quick ratio of 2.16 and a current ratio of 2.50. The business’s 50-day simple moving average is GBX 309.83 and its 200-day simple moving average is GBX 330.40. The firm has a market capitalization of £2.45 billion, a PE ratio of 21.96, a PEG ratio of 2.48 and a beta of 0.98. Rotork has a 52 week low of GBX 292 and a 52 week high of GBX 393.60.

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.