Rotork Rating Reiterated by Numis Securities Ltd (ROR)
Rotork (LON:ROR)‘s stock had its “add” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. They currently have a GBX 3,200 ($52.50) price target on the stock. Numis Securities Ltd’s price target indicates a potential upside of 27.95% from the company’s current price.
ROR has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “sell” rating on shares of Rotork in a research note on Friday, February 7th. They now have a GBX 2,500 ($41.02) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rotork in a research note on Friday, February 7th. They now have a GBX 3,300 ($54.14) price target on the stock. Finally, analysts at Berenberg Bank upgraded shares of Rotork to a “buy” rating in a research note on Friday, February 7th. They now have a GBX 2,665 ($43.72) price target on the stock, up previously from GBX 2,640 ($43.31). Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 2,826.28 ($46.37).
Rotork (LON:ROR) traded up 0.92% on Wednesday, hitting GBX 2524.00. The stock had a trading volume of 68,132 shares. Rotork has a 52 week low of GBX 2331.00 and a 52 week high of GBX 3097.00. The stock’s 50-day moving average is GBX 2671. and its 200-day moving average is GBX 2755.87. The company’s market cap is £2.188 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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