Rotork p.l.c. (LON:ROR) had its target price decreased by stock analysts at Barclays PLC from GBX 270 ($3.51) to GBX 255 ($3.31) in a research report issued to clients and investors on Thursday. The firm currently has an “equal weight” rating on the stock. Barclays PLC’s price objective would indicate a potential upside of 12.93% from the company’s previous close.
A number of other analysts also recently weighed in on the stock. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 245 ($3.18) price target on shares of Rotork p.l.c. in a research report on Wednesday, August 9th. Liberum Capital reiterated a “sell” rating on shares of Rotork p.l.c. in a research report on Tuesday, August 8th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 265 ($3.44) price target on shares of Rotork p.l.c. in a research report on Monday, July 31st. Credit Suisse Group reiterated a “neutral” rating on shares of Rotork p.l.c. in a research report on Friday, July 21st. Finally, BNP Paribas reiterated a “neutral” rating and issued a GBX 255 ($3.31) price target on shares of Rotork p.l.c. in a research report on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 255.15 ($3.31).
Rotork p.l.c. (ROR) opened at 225.80 on Thursday. The stock’s market capitalization is GBX 1.96 billion. The stock has a 50 day moving average of GBX 238.22 and a 200 day moving average of GBX 244.28. Rotork p.l.c. has a 52-week low of GBX 190.90 and a 52-week high of GBX 269.40.
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In other Rotork p.l.c. news, insider Peter France purchased 1,503 shares of the firm’s stock in a transaction dated Wednesday, June 21st. The stock was bought at an average cost of GBX 235 ($3.05) per share, with a total value of £3,532.05 ($4,585.29).
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.
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