Rotork p.l.c. Receives Average Rating of “Hold” from Brokerages (LON:ROR)
Shares of Rotork p.l.c. (LON:ROR) have been given a consensus recommendation of “Hold” by the seventeen ratings firms that are covering the stock, AnalystRatings.NET reports. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 2,750 ($46.70).
Shares of Rotork p.l.c. (LON:ROR) traded up 1.98% during mid-day trading on Tuesday, hitting GBX 2838.00. The stock had a trading volume of 47,815 shares. Rotork p.l.c. has a 52-week low of GBX 2331.00 and a 52-week high of GBX 2982.00. The stock’s 50-day moving average is GBX 2655.43 and its 200-day moving average is GBX 2641.88. The company’s market cap is £2.461 billion.
A number of research firms have recently commented on ROR. Analysts at Investec cut their price target on shares of Rotork p.l.c. from GBX 2,950 ($50.09) to GBX 1,860 ($31.58) in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group downgraded shares of Rotork p.l.c. to a “hold” rating in a research note on Tuesday, July 22nd. They now have a GBX 2,905 ($49.33) price target on the stock, down previously from GBX 3,333 ($56.60). Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Rotork p.l.c. in a research note on Tuesday, July 15th. They now have a GBX 2,800 ($47.55) price target on the stock.
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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