Goldman Sachs Group reiterated their neutral rating on shares of Rotork (LON:ROR) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also recently issued reports about the stock. Jefferies Financial Group reaffirmed a hold rating on shares of Rotork in a report on Wednesday, July 24th. Royal Bank of Canada reissued an outperform rating on shares of Rotork in a report on Wednesday, October 9th. JPMorgan Chase & Co. increased their price target on shares of Rotork from GBX 310 ($4.05) to GBX 330 ($4.31) and gave the stock an overweight rating in a report on Wednesday, August 7th. Berenberg Bank increased their price target on shares of Rotork from GBX 280 ($3.66) to GBX 290 ($3.79) and gave the stock a hold rating in a report on Thursday, August 15th. Finally, Credit Suisse Group cut shares of Rotork to an underperform rating in a report on Wednesday, July 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 319 ($4.17).
Shares of LON:ROR opened at GBX 303.30 ($3.96) on Friday. The company has a 50-day simple moving average of GBX 310.19 and a 200-day simple moving average of GBX 304.53. Rotork has a one year low of GBX 232.60 ($3.04) and a one year high of GBX 330.70 ($4.32). The company has a debt-to-equity ratio of 6.45, a quick ratio of 1.56 and a current ratio of 2.13. The stock has a market capitalization of $2.65 billion and a price-to-earnings ratio of 29.16.
The company also recently declared a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 29th were issued a dividend of GBX 2.30 ($0.03) per share. The ex-dividend date was Thursday, August 29th. This represents a yield of 0.74%. Rotork’s dividend payout ratio is currently 0.58%.
In other news, insider Jonathan Davis purchased 449 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was purchased at an average cost of GBX 320 ($4.18) per share, with a total value of £1,436.80 ($1,877.43).
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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