Rotork p.l.c. Receives Consensus Recommendation of “Hold” from Analysts (LON:ROR)
Rotork p.l.c. (LON:ROR) has been given a consensus rating of “Hold” by the fifteen brokerages that are currently covering the stock, AnalystRatingsNetwork.com reports. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,844.29 ($47.20).
Rotork p.l.c. (LON:ROR) opened at 2830.00 on Friday. Rotork p.l.c. has a 52 week low of GBX 2331.00 and a 52 week high of GBX 2923.00. The stock’s 50-day moving average is GBX 2762.88 and its 200-day moving average is GBX 2679.13. The company’s market cap is £2.455 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 26th. Stockholders of record on Wednesday, August 27th will be paid a dividend of GBX 19.20 ($0.32) per share. This represents a dividend yield of 0.68%. The ex-dividend date is Wednesday, August 27th.
ROR has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Rotork p.l.c. in a research note on Tuesday, August 26th. They now have a GBX 2,950 ($48.95) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of Rotork p.l.c. in a research note on Friday, August 15th. They now have a GBX 2,500 ($41.49) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Rotork p.l.c. in a research note on Monday, August 11th. They now have a GBX 3,200 ($53.10) 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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