Rotork p.l.c. (ROR) Receives Consensus Recommendation of “Hold” from Analysts
Rotork p.l.c. (LON:ROR) has been assigned a consensus rating of “Hold” from the fourteen brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 255.64 ($3.30).
ROR has been the topic of a number of recent research reports. Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 250 ($3.23) price objective on shares of Rotork p.l.c. in a research report on Thursday, May 18th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 280 ($3.62) price objective on shares of Rotork p.l.c. in a research report on Wednesday, June 7th. Morgan Stanley raised Rotork p.l.c. to an “overweight” rating and upped their price objective for the stock from GBX 250 ($3.23) to GBX 292 ($3.77) in a research report on Thursday, June 22nd. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 265 ($3.42) price objective on shares of Rotork p.l.c. in a research report on Monday, July 3rd. Finally, Deutsche Bank AG reaffirmed a “hold” rating on shares of Rotork p.l.c. in a research report on Monday, July 10th.
In other news, insider Martin Lamb bought 13,985 shares of the stock in a transaction that occurred on Thursday, August 31st. The stock was purchased at an average price of GBX 229 ($2.96) per share, for a total transaction of £32,025.65 ($41,360.78). Also, insider Jonathan Davis bought 637 shares of the stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average price of GBX 226 ($2.92) per share, with a total value of £1,439.62 ($1,859.25). In the last quarter, insiders have purchased 17,536 shares of company stock valued at $4,052,482.
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Shares of Rotork p.l.c. (LON:ROR) opened at 237.80 on Friday. The company’s market cap is GBX 2.07 billion. Rotork p.l.c. has a 12 month low of GBX 190.90 and a 12 month high of GBX 269.40. The firm’s 50-day moving average price is GBX 234.08 and its 200 day moving average price is GBX 241.91.
The company also recently announced a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 24th will be paid a dividend of GBX 2.05 ($0.03) per share. The ex-dividend date of this dividend is Thursday, August 24th. This represents a dividend yield of 0.88%.
Rotork p.l.c. Company Profile
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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