Rotork plc (LON:ROR) Given Consensus Recommendation of “Hold” by Analysts


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Shares of Rotork plc (LON:ROR) have been assigned an average rating of “Hold” from the twelve ratings firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 344.38 ($4.50).

A number of equities research analysts have commented on ROR shares. Citigroup reiterated a “buy” rating and issued a GBX 420 ($5.49) price target on shares of Rotork in a research report on Thursday, March 11th. Berenberg Bank upped their price target on Rotork from GBX 410 ($5.36) to GBX 430 ($5.62) and gave the company a “buy” rating in a research report on Thursday, March 11th. Royal Bank of Canada boosted their price objective on Rotork from GBX 290 ($3.79) to GBX 310 ($4.05) and gave the company an “underperform” rating in a research note on Wednesday, March 3rd. Barclays boosted their price objective on Rotork from GBX 375 ($4.90) to GBX 405 ($5.29) and gave the company an “overweight” rating in a research note on Wednesday, March 3rd. Finally, Shore Capital reissued a “sell” rating on shares of Rotork in a research note on Friday.

Shares of LON ROR traded up GBX 5.40 ($0.07) during trading on Thursday, reaching GBX 350 ($4.57). The company had a trading volume of 1,883,488 shares, compared to its average volume of 1,499,506. The company’s fifty day moving average price is GBX 360.16 and its 200-day moving average price is GBX 333.37. Rotork has a 12 month low of GBX 233.20 ($3.05) and a 12 month high of GBX 381.40 ($4.98). The stock has a market cap of £3.06 billion and a P/E ratio of 32.71. The company has a quick ratio of 2.66, a current ratio of 3.26 and a debt-to-equity ratio of 1.57.

The business also recently disclosed a dividend, which will be paid on Friday, May 21st. Shareholders of record on Thursday, April 8th will be issued a dividend of GBX 6.30 ($0.08) per share. This is a positive change from Rotork’s previous dividend of $3.90. This represents a yield of 1.74%. The ex-dividend date of this dividend is Thursday, April 8th. Rotork’s payout ratio is currently 0.36%.

In other Rotork news, insider Kevin Hostetler sold 129,526 shares of the business’s stock in a transaction that occurred on Monday, March 8th. The stock was sold at an average price of GBX 365 ($4.77), for a total transaction of £472,769.90 ($617,676.90).

Rotork Company Profile

Rotork plc designs, manufactures, and markets flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical process, and industrial applications worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric, pneumatic, and hydraulic actuators.

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Analyst Recommendations for Rotork (LON:ROR)

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