Rotork plc (LON:ROR - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 354.95 and traded as high as GBX 487.40. Rotork shares last traded at GBX 485.58, with a volume of 41,438,535 shares traded.
Analysts Set New Price Targets
Several equities analysts recently commented on the stock. Shore Capital Group upgraded shares of Rotork to a "hold" rating in a report on Friday, May 1st. Peel Hunt reaffirmed a "hold" rating and set a GBX 503 target price on shares of Rotork in a research note on Tuesday, August 4th. Royal Bank Of Canada downgraded Rotork to a "sector perform" rating and increased their price target for the stock from GBX 400 to GBX 503 in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 400 price objective on shares of Rotork in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. increased their target price on Rotork from GBX 390 to GBX 405 and gave the stock an "overweight" rating in a research note on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 433.50.
Check Out Our Latest Stock Analysis on Rotork
Rotork Price Performance
The firm has a market capitalization of £3.95 billion, a P/E ratio of 35.44, a P/E/G ratio of 2.48 and a beta of 1.05. The stock's 50 day simple moving average is GBX 397.54 and its 200 day simple moving average is GBX 354.95. The company has a debt-to-equity ratio of 8.01, a quick ratio of 2.16 and a current ratio of 2.54.
Rotork (LON:ROR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 7.40 earnings per share for the quarter. Rotork had a net margin of 15.75% and a return on equity of 21.48%. As a group, analysts expect that Rotork plc will post 16.4574899 earnings per share for the current fiscal year.
Rotork Company Profile
(
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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. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange symbol: ROR and are a constituent of the FTSE 250 index.
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