Rotork plc (LON:ROR) Stock Has Average Price Target of GBX 433.50 According to Brokerages

Shares of Rotork plc (LON:ROR) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 433.50.

ROR has been the subject of several research analyst reports. Royal Bank Of Canada lowered shares of Rotork to a “sector perform” rating and raised their price target for the stock from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. JPMorgan Chase & Co. upped their price objective on Rotork from GBX 390 to GBX 405 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Finally, Peel Hunt reissued a “hold” rating and set a GBX 503 price objective on shares of Rotork in a report on Tuesday, August 4th.

Rotork Price Performance

Shares of LON:ROR opened at GBX 488 on Friday. The company has a market capitalization of £3.97 billion, a P/E ratio of 32.97, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05. The company’s 50-day moving average is GBX 485.63 and its 200 day moving average is GBX 381. The company has a debt-to-equity ratio of 8.01, a quick ratio of 2.16 and a current ratio of 2.54. Rotork has a fifty-two week low of GBX 286.40 and a fifty-two week high of GBX 489.20.

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

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.