Rotork plc (LON:ROR) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Rotork plc has received a consensus analyst rating of “Moderate Buy” from six covering firms, with five buy ratings and one hold. The average 12-month price target is GBX 405.
• Recent analyst actions were mostly positive: Deutsche Bank kept a buy rating with a GBX 400 target, while JPMorgan raised its target to GBX 405 and maintained an overweight rating. Shore Capital was the only recent firm to move to hold.
• The stock was trading near its 52-week high, opening at GBX 486 versus a high of GBX 486.80, and the company reported a market value of about £3.95 billion.

Rotork plc (LON:ROR - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 405.

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 400 price objective on shares of Rotork in a research report on Tuesday, May 5th. JPMorgan Chase & Co. upped their price target on Rotork from GBX 390 to GBX 405 and gave the company an "overweight" rating in a research note on Wednesday, July 1st. Finally, Shore Capital Group raised Rotork to a "hold" rating in a research note on Friday, May 1st.

Insider Transactions at Rotork

In related news, insider Kiet Huynh bought 49 shares of the firm's stock in a transaction on Monday, May 11th. The shares were bought at an average price of £150.05 per share, with a total value of £7,352.45. In the last 90 days, insiders have bought 149 shares of company stock valued at $765,137. 0.35% of the stock is currently owned by insiders.

Rotork Stock Up 0.2%

Shares of LON ROR opened at GBX 486 on Friday. The company has a market capitalization of £3.95 billion, a P/E ratio of 35.47, a P/E/G ratio of 2.48 and a beta of 0.98. The company has a debt-to-equity ratio of 7.69, a current ratio of 2.50 and a quick ratio of 2.16. The company has a 50 day simple moving average of GBX 310.67 and a 200-day simple moving average of GBX 330.27. Rotork has a 1 year low of GBX 286.40 and a 1 year high of GBX 486.80.

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. 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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