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

Key Points

• Analysts have a “Moderate Buy” consensus on Rotork, with four buy ratings and three hold ratings. The average 12-month price target is GBX 433.50.
• Recent broker actions were mixed: JPMorgan raised its target to GBX 405 with an overweight rating, while RBC downgraded the stock to sector perform but increased its target to GBX 503.
• Rotork shares opened at GBX 484.10, near their 12-month high of GBX 489.20. The company recently reported quarterly EPS of GBX 7.40, alongside a 15.75% net margin and 21.48% return on equity.

Shares of Rotork plc (LON:ROR - Get Free Report) have been given an average recommendation of "Moderate Buy" by the seven ratings firms that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 433.50.

ROR has been the subject of a number of research reports. Peel Hunt reaffirmed a "hold" rating and set a GBX 503 price target on shares of Rotork in a research note on Tuesday, August 4th. Royal Bank Of Canada downgraded Rotork to a "sector perform" rating and boosted their price objective for the stock from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. Shore Capital Group upgraded Rotork to a "hold" rating in a report on Friday, May 1st. JPMorgan Chase & Co. raised their target price on Rotork from GBX 390 to GBX 405 and gave the company an "overweight" rating in a research note on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 400 target price on shares of Rotork in a report on Tuesday, May 5th.

Rotork Trading Down 0.6%

Shares of LON:ROR opened at GBX 484.10 on Thursday. The company has a 50 day moving average of GBX 375.89 and a 200-day moving average of GBX 349.29. The firm has a market cap of £3.94 billion, a P/E ratio of 35.34, a P/E/G ratio of 2.48 and a beta of 1.05. Rotork has a twelve month low of GBX 286.40 and a twelve month high of GBX 489.20. The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 8.01.

Rotork (LON:ROR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported GBX 7.40 EPS for the quarter. Rotork had a net margin of 15.75% and a return on equity of 21.48%. As a group, analysts anticipate that Rotork will post 16.4574899 earnings per share for the current fiscal year.

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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