Rotork p.l.c. (LON:ROR) Receives Buy Rating from Goldman Sachs Group, Inc. (The)
Rotork p.l.c. (LON:ROR)‘s stock had its “buy” rating reissued by Goldman Sachs Group, Inc. (The) in a research note issued to investors on Friday.
ROR has been the subject of a number of other reports. HSBC Holdings plc lifted their target price on Rotork p.l.c. from GBX 225 ($2.91) to GBX 250 ($3.24) and gave the company a “hold” rating in a research note on Thursday, April 6th. Numis Securities Ltd restated a “hold” rating and issued a GBX 245 ($3.17) target price on shares of Rotork p.l.c. in a research note on Friday, April 28th. Morgan Stanley upgraded Rotork p.l.c. to an “overweight” rating and lifted their target price for the company from GBX 250 ($3.24) to GBX 292 ($3.78) in a research note on Thursday, June 22nd. Peel Hunt decreased their target price on Rotork p.l.c. from GBX 285 ($3.69) to GBX 265 ($3.43) and set an “add” rating for the company in a research note on Wednesday, April 5th. Finally, Liberum Capital restated a “sell” rating on shares of Rotork p.l.c. in a research note on Friday, April 28th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 234.82 ($3.04).
Shares of Rotork p.l.c. (ROR) opened at 241.80 on Friday. The stock’s market capitalization is GBX 2.10 billion. The firm’s 50-day moving average price is GBX 237.50 and its 200 day moving average price is GBX 247.79. Rotork p.l.c. has a 1-year low of GBX 188.40 and a 1-year high of GBX 269.40.
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In other Rotork p.l.c. news, insider Peter France purchased 1,503 shares of the business’s stock in a transaction dated Wednesday, June 21st. The shares were bought at an average price of GBX 235 ($3.04) per share, with a total value of £3,532.05 ($4,575.19). Also, insider Jonathan Davis purchased 3,054 shares of the business’s stock in a transaction dated Friday, May 19th. The shares were acquired at an average cost of GBX 236 ($3.06) per share, for a total transaction of £7,207.44 ($9,336.06).
About Rotork p.l.c.
Rotork Plc is a United Kingdom-based actuator manufacturer and flow control company. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, manufacture and sale of electric actuators. The Fluid Systems segment is engaged in the design, manufacture and sale of pneumatic and hydraulic actuators.
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