Rotork p.l.c. Given Sector Perform Rating at RBC Capital (ROR)
Rotork p.l.c. (LON:ROR)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday. They currently have a GBX 2,800 ($47.53) target price on the stock. RBC Capital’s price target suggests a potential upside of 6.67% from the stock’s previous close.
Rotork p.l.c. (LON:ROR) opened at 2630.00 on Wednesday. Rotork p.l.c. has a one year low of GBX 2331.00 and a one year high of GBX 2982.00. The stock’s 50-day moving average is GBX 2622.88 and its 200-day moving average is GBX 2661.. The company’s market cap is £2.280 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Rotork p.l.c. from GBX 2,450 ($41.59) to GBX 2,600 ($44.14) in a research note on Monday. They now have a “neutral” rating on the stock. Separately, analysts at HSBC downgraded shares of Rotork p.l.c. to an “underweight” rating in a research note on Thursday, May 22nd. They now have a GBX 2,550 ($43.29) price target on the stock. Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of Rotork p.l.c. in a research note on Wednesday, May 14th. They now have a GBX 2,890 ($49.06) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. Rotork p.l.c. currently has an average rating of “Hold” and a consensus target price of GBX 2,883.13 ($48.94).
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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