Rotork’s (ROR) Hold Rating Reiterated at Peel Hunt

Peel Hunt reissued their hold rating on shares of Rotork (LON:ROR) in a report issued on Tuesday,Digital Look reports. The brokerage currently has a GBX 503 price objective on the stock.

Several other equities research analysts have also recently commented on ROR. JPMorgan Chase & Co. lifted their price target on shares of Rotork from GBX 390 to GBX 405 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 400 price objective on shares of Rotork in a report on Tuesday, May 5th. Finally, Shore Capital Group raised shares of Rotork to a “hold” rating in a research note on Friday, May 1st. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Rotork has a consensus rating of “Moderate Buy” and a consensus target price of GBX 433.50.

Rotork Price Performance

Rotork stock opened at GBX 487.80 on Tuesday. The business’s 50-day simple moving average is GBX 361.40 and its 200 day simple moving average is GBX 345.30. The company has a quick ratio of 2.16, a current ratio of 2.54 and a debt-to-equity ratio of 8.01. The stock has a market cap of £3.97 billion, a price-to-earnings ratio of 35.61, a P/E/G ratio of 2.48 and a beta of 0.98. Rotork has a 12-month low of GBX 286.40 and a 12-month high of GBX 489.20.

Rotork (LON:ROR) last announced its quarterly earnings data on Tuesday, August 4th. The company reported GBX 7.40 earnings per share for the quarter. Rotork had a return on equity of 21.48% and a net margin of 15.75%. As a group, research analysts anticipate that Rotork will post 16.4574899 earnings per share for the current year.

Insider Activity at Rotork

In other news, insider Kiet Huynh purchased 49 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of £150.05 per share, for a total transaction of £7,352.45. Over the last three months, insiders bought 149 shares of company stock valued at $765,137. Corporate insiders own 0.35% of the company’s stock.

About Rotork

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.