JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Rotork (ROR)

JPMorgan Chase & Co. reissued their overweight rating on shares of Rotork (LON:ROR) in a research report released on Friday morning.

Several other analysts have also recently weighed in on the company. Liberum Capital reaffirmed a hold rating on shares of Rotork in a research report on Thursday. Peel Hunt reaffirmed a hold rating on shares of Rotork in a research report on Thursday. Royal Bank of Canada raised Rotork to an outperform rating and lifted their price objective for the company from GBX 330 ($4.31) to GBX 345 ($4.51) in a research report on Tuesday, November 20th. Credit Suisse Group lowered shares of Rotork to an underperform rating in a report on Wednesday, November 14th. Finally, Jefferies Financial Group reiterated a hold rating on shares of Rotork in a report on Wednesday, September 5th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. Rotork currently has an average rating of Hold and a consensus target price of GBX 323.24 ($4.22).

Rotork stock opened at GBX 258.30 ($3.38) on Friday. Rotork has a fifty-two week low of GBX 221.30 ($2.89) and a fifty-two week high of GBX 306.80 ($4.01).

In other news, insider Jonathan Davis acquired 426 shares of the firm’s stock in a transaction that occurred on Friday, September 21st. The stock was bought at an average cost of GBX 337 ($4.40) per share, for a total transaction of £1,435.62 ($1,875.89). Also, insider Gary Bullard acquired 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 23rd. The stock was purchased at an average price of GBX 261 ($3.41) per share, with a total value of £10,440 ($13,641.71).

About Rotork

Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.

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Analyst Recommendations for Rotork (LON:ROR)

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