Rotork Stock Rating Reaffirmed by Credit Suisse (ROR)
Rotork (LON:ROR)‘s stock had its “outperform” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 3,230 ($53.23) price objective on the stock. Credit Suisse’s target price points to a potential upside of 18.06% from the stock’s previous close.
Rotork (LON:ROR) traded up 0.51% during mid-day trading on Monday, hitting GBX 2750.00. The stock had a trading volume of 82,646 shares. Rotork has a 52 week low of GBX 2502.00 and a 52 week high of GBX 3097.00. The stock has a 50-day moving average of GBX 2763. and a 200-day moving average of GBX 2780.. The company’s market cap is £2.384 billion.
Several other analysts have also recently commented on the stock. Analysts at Investec upgraded shares of Rotork to a “buy” rating in a research note to investors on Monday. They now have a GBX 3,000 ($49.44) price target on the stock, up previously from GBX 2,950 ($48.62). Separately, analysts at Barclays reiterated an “overweight” rating on shares of Rotork in a research note to investors on Tuesday, December 10th. They now have a GBX 3,315 ($54.63) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,936.68 ($48.40).
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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