Rotork p.l.c. (ROR) Given Consensus Rating of “Hold” by Brokerages
Rotork p.l.c. (LON:ROR) has been given a consensus recommendation of “Hold” by the fifteen analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 250.54 ($3.32).
ROR has been the topic of a number of recent research reports. Barclays PLC reduced their target price on shares of Rotork p.l.c. from GBX 270 ($3.58) to GBX 255 ($3.38) and set an “equal weight” rating on the stock in a research report on Thursday, August 17th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Rotork p.l.c. in a report on Friday, July 21st. BNP Paribas reaffirmed a “neutral” rating and set a GBX 255 ($3.38) price target on shares of Rotork p.l.c. in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Rotork p.l.c. in a report on Friday, July 14th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 245 ($3.25) price target on shares of Rotork p.l.c. in a research note on Wednesday, August 9th.
COPYRIGHT VIOLATION NOTICE: This story was published by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/10/04/rotork-p-l-c-ror-given-consensus-rating-of-hold-by-brokerages.html.
In related news, insider Jonathan Davis acquired 637 shares of Rotork p.l.c. stock in a transaction on Monday, August 21st. The shares were purchased at an average cost of GBX 226 ($3.00) per share, for a total transaction of £1,439.62 ($1,909.56). Also, insider Peter France acquired 1,411 shares of Rotork p.l.c. stock in a transaction on Friday, July 21st. The shares were bought at an average price of GBX 250 ($3.32) per share, for a total transaction of £3,527.50 ($4,679.00). In the last 90 days, insiders purchased 16,601 shares of company stock valued at $3,842,981.
Rotork p.l.c. (LON ROR) opened at 261.90 on Wednesday. The firm’s market cap is GBX 2.28 billion. Rotork p.l.c. has a 52 week low of GBX 190.90 and a 52 week high of GBX 269.40. The company’s 50 day moving average is GBX 240.86 and its 200-day moving average is GBX 241.88.
The business also recently declared a dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th were given a dividend of GBX 2.05 ($0.03) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, August 24th.
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.
Receive News & Ratings for Rotork p.l.c. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rotork p.l.c. and related companies with MarketBeat.com's FREE daily email newsletter.