Royal Bank of Canada Upgrades Rotork (LON:ROR) to "Outperform"

Royal Bank of Canada upgraded shares of Rotork (LON:ROR - Free Report) to an outperform rating in a research note released on Tuesday, Marketbeat Ratings reports. The brokerage currently has GBX 370 ($4.92) price target on the stock.

Separately, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 390 ($5.19) price target on shares of Rotork in a report on Thursday, January 23rd.

Rotork Trading Down 0.7 %

Rotork stock traded down GBX 2.17 ($0.03) during midday trading on Tuesday, hitting GBX 292.03 ($3.88). 910,418 shares of the stock were exchanged, compared to its average volume of 8,669,671. The stock has a market capitalization of £2.47 billion, a PE ratio of 21.02, a P/E/G ratio of 2.48 and a beta of 0.96. The company has a fifty day simple moving average of GBX 314.91 and a two-hundred day simple moving average of GBX 320.02. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 1.97. Rotork has a 52 week low of GBX 266.80 ($3.55) and a 52 week high of GBX 363 ($4.83).

Rotork (LON:ROR - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported GBX 15.90 ($0.21) earnings per share for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. Equities research analysts anticipate that Rotork will post 16.4574899 EPS for the current fiscal year.

Rotork Company Profile

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.