Rotork p.l.c. (LON:ROR) Stock Rating Reaffirmed by BNP Paribas

Rotork p.l.c. (LON:ROR)‘s stock had its “neutral” rating reaffirmed by investment analysts at BNP Paribas in a report released on Tuesday, July 18th. They presently have a GBX 255 ($3.32) target price on the stock. BNP Paribas’ target price indicates a potential upside of 9.40% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Peel Hunt reduced their price objective on shares of Rotork p.l.c. from GBX 265 ($3.45) to GBX 260 ($3.39) and set an “add” rating for the company in a research note on Thursday, May 4th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Rotork p.l.c. in a research note on Tuesday, April 18th. Barclays PLC reissued an “equal weight” rating on shares of Rotork p.l.c. in a research note on Tuesday, April 25th. Deutsche Bank AG reissued a “hold” rating on shares of Rotork p.l.c. in a research note on Wednesday, May 3rd. Finally, HSBC Holdings plc boosted their price target on shares of Rotork p.l.c. from GBX 225 ($2.93) to GBX 250 ($3.26) and gave the stock a “hold” rating in a research note on Thursday, April 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 234.24 ($3.05).

Rotork p.l.c. (LON:ROR) opened at 233.10 on Tuesday. The company’s market capitalization is GBX 2.03 billion. Rotork p.l.c. has a one year low of GBX 188.40 and a one year high of GBX 269.40. The company has a 50-day moving average price of GBX 240.89 and a 200-day moving average price of GBX 247.30.

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In other Rotork p.l.c. news, insider Peter France bought 1,411 shares of Rotork p.l.c. stock in a transaction dated Friday, July 21st. The shares were purchased at an average cost of GBX 250 ($3.26) per share, with a total value of £3,527.50 ($4,595.49). Also, insider Jonathan Davis bought 3,054 shares of Rotork p.l.c. stock in a transaction dated Friday, May 19th. The stock was acquired at an average cost of GBX 236 ($3.07) per share, for a total transaction of £7,207.44 ($9,389.58). Insiders bought a total of 5,968 shares of company stock worth $1,426,699 over the last ninety days.

About Rotork p.l.c.

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.