Rotork (LON:ROR) Given "Hold" Rating at Shore Capital

Key Points

• Rotork's stock received a "hold" rating from Shore Capital, with an average rating of "Moderate Buy" and a consensus price target of GBX 392.50 ($5.22).
• Insider Svein Richard Brandtzæg purchased 5,500 shares at GBX 324 ($4.31) per share, indicating confidence in the company's prospects.
• The company's market capitalization is £2.80 billion, with a 12-month price range between GBX 266.80 ($3.55) and GBX 354.80 ($4.72).

Shore Capital reiterated their hold rating on shares of Rotork (LON:ROR - Free Report) in a research note issued to investors on Tuesday, MarketBeat reports.

Other analysts also recently issued reports about the company. Royal Bank Of Canada upgraded Rotork to an "outperform" rating and set a GBX 370 ($4.98) target price for the company in a research report on Tuesday, April 15th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 430 ($5.78) price target on shares of Rotork in a research note on Tuesday. One investment 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 stock currently has an average rating of "Moderate Buy" and an average price target of GBX 396.25 ($5.33).

Rotork Stock Performance

LON:ROR traded up GBX 2.92 ($0.04) during mid-day trading on Tuesday, reaching GBX 337.12 ($4.53). 1,388,674 shares of the company's stock were exchanged, compared to its average volume of 5,380,836. The business's fifty day simple moving average is GBX 323.59 and its two-hundred day simple moving average is GBX 318.66. Rotork has a one year low of GBX 266.80 ($3.59) and a one year high of GBX 354.80 ($4.77). The firm has a market capitalization of £2.85 billion, a PE ratio of 24.27, 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 quick ratio of 2.16 and a current ratio of 3.21.

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

Insiders Place Their Bets

In other Rotork news, insider Svein Richard Brandtzæg bought 5,500 shares of Rotork stock in a transaction on Friday, June 13th. The shares were purchased at an average price of GBX 324 ($4.36) per share, with a total value of £17,820 ($23,964.50). 0.52% of the stock is owned by insiders.

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.