Rotork’s (ROR) “Hold” Rating Reiterated at Numis Securities
Rotork (LON:ROR)‘s stock had its “hold” rating reissued by Numis Securities in a research note issued on Tuesday. They presently have a GBX 245 ($3.30) price objective on the stock. Numis Securities’ target price indicates a potential downside of 5.99% from the company’s previous close.
Several other brokerages have also recently issued reports on ROR. Peel Hunt raised their price objective on Rotork from GBX 260 ($3.50) to GBX 280 ($3.77) and gave the stock an “add” rating in a research note on Tuesday, October 31st. Deutsche Bank reiterated a “hold” rating and set a GBX 255 ($3.43) price target on shares of Rotork in a research report on Wednesday, November 8th. Liberum Capital reiterated a “sell” rating on shares of Rotork in a research report on Thursday, November 23rd. Citigroup reiterated a “buy” rating on shares of Rotork in a research report on Monday. Finally, reiterated a “hold” rating and set a GBX 250 ($3.36) price target on shares of Rotork in a research report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 261.47 ($3.52).
Shares of Rotork (LON ROR) traded down GBX 3.10 ($0.04) during trading hours on Tuesday, hitting GBX 260.60 ($3.51). The stock had a trading volume of 1,715,758 shares, compared to its average volume of 2,290,000. Rotork has a 1 year low of GBX 221.30 ($2.98) and a 1 year high of GBX 273 ($3.67).
COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/05/rotorks-ror-hold-rating-reiterated-at-numis-securities.html.
Rotork 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 plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rotork plc and related companies with MarketBeat.com's FREE daily email newsletter.