Rotork plc (LON:ROR) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Rotork plc (LON:ROR) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 402.

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Shore Capital Group upgraded Rotork to a “hold” rating in a report on Friday, May 1st. Berenberg Bank decreased their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a report on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 400 price target on shares of Rotork in a research report on Tuesday, May 5th.

Insider Activity at Rotork

In related news, insider Kiet Huynh purchased 49 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of £150.05 per share, with a total value of £7,352.45. Over the last 90 days, insiders have purchased 143 shares of company stock worth $765,212. 0.31% of the stock is owned by company insiders.

Rotork Trading Down 0.7%

LON ROR opened at GBX 304.20 on Wednesday. The company’s 50-day moving average price is GBX 313.07 and its 200-day moving average price is GBX 331.57. The company has a current ratio of 2.50, a quick ratio of 2.16 and a debt-to-equity ratio of 7.69. The stock has a market cap of £2.47 billion, a PE ratio of 22.20, a PEG ratio of 2.48 and a beta of 0.98. Rotork has a 12 month low of GBX 294.40 and a 12 month high of GBX 393.60.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.