Stifel Nicolaus Lowers Rotork (OTCMKTS:RTOXF) to Hold

Rotork (OTCMKTS:RTOXF) was downgraded by equities researchers at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued on Wednesday, The Fly reports.

A number of other equities research analysts have also issued reports on RTOXF. Peel Hunt lowered shares of Rotork to a “buy” rating in a report on Thursday, June 11th. Deutsche Bank reissued a “hold” rating on shares of Rotork in a research note on Monday, March 23rd. Morgan Stanley reaffirmed an “equal weight” rating on shares of Rotork in a research note on Wednesday, March 11th. Citigroup reiterated a “buy” rating on shares of Rotork in a report on Wednesday, March 4th. Finally, Barclays reaffirmed an “equal weight” rating on shares of Rotork in a research report on Friday, April 24th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold”.

RTOXF opened at $3.28 on Wednesday. The business has a fifty day simple moving average of $3.28 and a 200-day simple moving average of $3.52. Rotork has a fifty-two week low of $2.24 and a fifty-two week high of $4.52.

About Rotork

Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.

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The Fly

Analyst Recommendations for Rotork (OTCMKTS:RTOXF)

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