Shore Capital restated their hold rating on shares of Rotork (LON:ROR - Free Report) in a research note published on Tuesday morning, MarketBeat reports.
A number of other research analysts also recently issued reports on the stock. Berenberg Bank restated a buy rating and set a GBX 370 ($4.65) target price on shares of Rotork in a research report on Wednesday, March 6th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 300 ($3.77) target price on shares of Rotork in a research report on Wednesday, April 10th.
Get Our Latest Analysis on ROR
Rotork Stock Performance
LON ROR traded up GBX 7.40 ($0.09) on Tuesday, reaching GBX 323.40 ($4.06). 1,575,269 shares of the company's stock traded hands, compared to its average volume of 1,330,492. The firm has a market cap of £2.78 billion, a price-to-earnings ratio of 2,487.69, a P/E/G ratio of 2.48 and a beta of 1.00. The stock has a 50 day moving average price of GBX 322.27 and a 200-day moving average price of GBX 315.40. Rotork has a fifty-two week low of GBX 277.20 ($3.48) and a fifty-two week high of GBX 344.80 ($4.33). The company has a debt-to-equity ratio of 1.92, a quick ratio of 2.16 and a current ratio of 3.09.
Rotork Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, April 18th will be given a GBX 4.65 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.47%. This is an increase from Rotork's previous dividend of $2.55. Rotork's dividend payout ratio is 5,384.62%.
About Rotork
(
Get Free Report)
Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.
Recommended Stories
Before you consider Rotork, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rotork wasn't on the list.
While Rotork currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
