Jefferies Group Reiterates Buy Rating for Rotork p.l.c. (ROR)
Rotork p.l.c. (LON:ROR)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued on Monday, Analyst Ratings Net reports. They currently have a GBX 3,330 ($56.09) price target on the stock. Jefferies Group’s price objective indicates a potential upside of 28.13% from the stock’s previous close.
A number of other firms have also recently commented on ROR. Analysts at Barclays reiterated an “overweight” rating on shares of Rotork p.l.c. in a research note on Monday, May 12th. They now have a GBX 3,315 ($55.84) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Rotork p.l.c. in a research note on Tuesday, April 29th. They now have a GBX 2,800 ($47.16) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Rotork p.l.c. in a research note on Friday, April 25th. They now have a GBX 3,200 ($53.90) price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 2,883.13 ($48.56).
Rotork p.l.c. (LON:ROR) opened at 2598.00 on Monday. Rotork p.l.c. has a 52-week low of GBX 2331.00 and a 52-week high of GBX 2982.00. The stock has a 50-day moving average of GBX 2658. and a 200-day moving average of GBX 2698.56. The company’s market cap is £2.253 billion.
Rotork plc is a holding company. Its principal activities are the design, manufacture and support of industrial valve actuation and flow control equipment.
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