Rotork Rating Reiterated by Numis Securities Ltd (ROR)
Rotork (LON:ROR)‘s stock had its “add” rating restated by Numis Securities Ltd in a research note issued on Tuesday, American Banking and Market News reports. They currently have a GBX 3,200 ($51.09) target price on the stock. Numis Securities Ltd’s target price suggests a potential upside of 12.52% from the stock’s previous close.
A number of other firms have also recently commented on ROR. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Rotork in a research note to investors on Monday. They now have a GBX 3,230 ($51.56) price target on the stock. Separately, 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. Finally, 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. Two 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. Rotork presently has an average rating of “Hold” and a consensus price target of GBX 2,960.66 ($47.26).
Shares of Rotork (LON:ROR) traded up 1.35% during mid-day trading on Tuesday, hitting GBX 2844.00. 105,960 shares of the company’s stock traded hands. Rotork has a one year low of GBX 2195.00 and a one 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 £2.466 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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