Berenberg Bank Increases Rotork Price Target to GBX 2,891 (ROR)
Equities researchers at Berenberg Bank boosted their price target on shares of Rotork (LON:ROR) from GBX 2,410 ($38.97) to GBX 2,891 ($46.75) in a research report issued on Monday, AnalystRatingsNetwork.com reports. The firm currently has a “sell” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 0.07% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Rotork from GBX 3,150 ($50.94) to GBX 3,615 ($58.46) in a research note to investors on Tuesday, October 15th. They now have a “neutral” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Rotork in a research note to investors on Tuesday, October 15th. They now have a GBX 3,200 ($51.75) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rotork in a research note to investors on Monday, October 14th. They now have a GBX 3,230 ($52.23) price target on the stock. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 2,956.02 ($47.80).
Shares of Rotork (LON:ROR) traded down 0.10% on Monday, hitting GBX 2889.00. The stock had a trading volume of 94,291 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 2777. and its 200-day moving average is GBX 2781.43. The company’s market cap is £2.505 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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