Rotork Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (ROR)
Rotork (LON:ROR)‘s stock had its “buy” rating reiterated by equities researchers at Espirito Santo Investment Bank Research in a research report issued on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 3,200 ($51.34) target price on the stock. Espirito Santo Investment Bank Research’s price objective points to a potential upside of 17.43% from the stock’s previous close.
ROR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rotork in a research note to investors on Wednesday, October 2nd. They now have a GBX 3,300 ($52.94) price target on the stock. Separately, analysts at Investec upgraded shares of Rotork from a “sell” rating to a “hold” rating in a research note to investors on Wednesday, September 18th. They now have a GBX 2,950 ($47.33) price target on the stock, up previously from GBX 2,800 ($44.92). Finally, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of Rotork in a research note to investors on Tuesday, September 17th. They now have a GBX 2,950 ($47.33) price target on the stock. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,920.30 ($46.85).
Shares of Rotork (LON:ROR) opened at 2709.00 on Tuesday. Rotork has a 1-year low of GBX 2195.00 and a 1-year high of GBX 3097.00. The stock’s 50-day moving average is GBX 2795. and its 200-day moving average is GBX 2802.65. The company’s market cap is £2.349 billion.
Rotork p.l.c. is a holding company. The Company’s principal activities are the design, manufacture and support of actuators, systems and related products worldwide.
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