Rotork (LON:ROR)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report released on Tuesday, February 27th. They presently have a GBX 290 ($4.01) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 4.92% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the company. Jefferies Group raised Rotork to a “hold” rating and upped their target price for the stock from GBX 200 ($2.76) to GBX 280 ($3.87) in a research report on Thursday, February 22nd. Numis Securities reaffirmed a “hold” rating and set a GBX 245 ($3.38) target price on shares of Rotork in a research report on Wednesday, February 14th. Liberum Capital increased their price objective on Rotork from GBX 265 ($3.66) to GBX 275 ($3.80) and gave the company a “hold” rating in a research report on Friday, January 12th. HSBC raised Rotork to a “buy” rating and increased their price objective for the company from GBX 250 ($3.45) to GBX 335 ($4.63) in a research report on Friday, January 12th. Finally, Peel Hunt reissued an “add” rating and issued a GBX 280 ($3.87) price objective on shares of Rotork in a research report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 281.76 ($3.89).
Rotork (LON ROR) traded up GBX 0.90 ($0.01) during trading hours on Tuesday, reaching GBX 276.40 ($3.82). The company had a trading volume of 3,393,984 shares, compared to its average volume of 3,210,000. The firm has a market capitalization of $2,410.00 and a P/E ratio of 3,948.57. Rotork has a 12-month low of GBX 221.30 ($3.06) and a 12-month high of GBX 306.80 ($4.24).
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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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