Jefferies Financial Group Reiterates "Buy" Rating for Rotork (LON:ROR)

Key Points

• Rotork has retained a "buy" rating from Jefferies Financial Group, with a price target of GBX 430 ($5.72), indicating a potential upside of 29.75%.
• Despite the positive outlook from Jefferies, Rotork's average rating is a "Moderate Buy" with a consensus price target of GBX 392.50 ($5.22).
• Insider Svein Richard Brandtzæg purchased 5,500 shares at an average price of GBX 324 ($4.31), totaling a value of £17,820 ($23,684.21).

Rotork (LON:ROR - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Jefferies Financial Group in a research report issued on Tuesday, MarketBeat.com reports. They presently have a GBX 430 ($5.78) price objective on the stock. Jefferies Financial Group's target price would suggest a potential upside of 27.07% from the company's previous close.

Several other brokerages have also weighed in on ROR. Royal Bank Of Canada raised shares of Rotork to an "outperform" rating and set a GBX 370 ($4.98) price objective on the stock in a research report on Tuesday, April 15th. Shore Capital reissued a "hold" rating on shares of Rotork in a research report on Friday, May 2nd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 396.25 ($5.33).

Rotork Stock Performance

ROR stock traded up GBX 0.80 ($0.01) during trading hours on Tuesday, reaching GBX 338.40 ($4.55). The stock had a trading volume of 1,907,670 shares, compared to its average volume of 5,358,135. The stock has a market capitalization of £2.86 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The company has a debt-to-equity ratio of 1.97, a current ratio of 3.21 and a quick ratio of 2.16. The stock has a 50-day simple moving average of GBX 324.06 and a 200 day simple moving average of GBX 318.70. Rotork has a fifty-two week low of GBX 266.80 ($3.59) and a fifty-two week high of GBX 354.80 ($4.77).

Rotork (LON:ROR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported GBX 7.10 ($0.10) EPS for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. Analysts predict that Rotork will post 16.4574899 EPS for the current fiscal year.

Insider Buying and Selling

In other Rotork news, insider Svein Richard Brandtzæg purchased 5,500 shares of the stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average cost of GBX 324 ($4.36) per share, with a total value of £17,820 ($23,967.72). Corporate insiders own 0.52% of the company's stock.

About Rotork

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.