Rotork (LON:ROR) Research Coverage Started at Barclays

Barclays started coverage on shares of Rotork (LON:ROR) in a report published on Monday morning, Stock Target Advisor reports. The brokerage issued an equal weight rating and a GBX 330 ($4.34) price target on the stock.

A number of other analysts have also weighed in on the stock. BNP Paribas lowered shares of Rotork to a neutral rating in a report on Thursday, November 28th. HSBC lowered shares of Rotork to a hold rating and decreased their target price for the stock from GBX 340 ($4.47) to GBX 330 ($4.34) in a report on Tuesday, December 10th. Jefferies Financial Group upped their target price on shares of Rotork from GBX 338 ($4.45) to GBX 345 ($4.54) and gave the stock a hold rating in a report on Friday, November 22nd. Peel Hunt reaffirmed a buy rating on shares of Rotork in a report on Thursday, November 21st. Finally, Royal Bank of Canada lowered shares of Rotork to a sector performer rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. Rotork presently has a consensus rating of Hold and a consensus price target of GBX 326.42 ($4.29).

Rotork stock opened at GBX 318.50 ($4.19) on Monday. The firm’s 50 day simple moving average is GBX 330.29 and its 200 day simple moving average is GBX 316.21. The company has a current ratio of 2.13, a quick ratio of 1.56 and a debt-to-equity ratio of 6.45. The firm has a market capitalization of $2.79 billion and a PE ratio of 30.63. Rotork has a 1-year low of GBX 261.50 ($3.44) and a 1-year high of GBX 344.70 ($4.53).

In related news, insider Jonathan Davis purchased 440 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average price of GBX 336 ($4.42) per share, with a total value of £1,478.40 ($1,944.75).

Rotork Company Profile

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.

Featured Article: Are analyst ratings accurate?

Analyst Recommendations for Rotork (LON:ROR)

Receive News & Ratings for Rotork Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rotork and related companies with MarketBeat.com's FREE daily email newsletter.