Rotork Rating Reiterated by Credit Suisse (ROR)
Rotork (LON:ROR)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Credit Suisse in a research note issued to investors on Monday, AR Network reports. They currently have a GBX 3,230 ($51.56) target price on the stock. Credit Suisse’s price objective indicates a potential upside of 15.11% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Rotork in a research note to investors on Wednesday, October 9th. They now have a GBX 2,840 ($45.34) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Rotork in a research note to investors on Tuesday, October 8th. They now have a GBX 3,200 ($51.09) price target on the stock. Finally, 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 ($52.68) price target on the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,920.30 ($46.62).
Shares of Rotork (LON:ROR) traded up 0.86% on Monday, hitting GBX 2806.00. The stock had a trading volume of 76,036 shares. 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 £2.433 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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