Rotork (LON:ROR) had its target price lifted by Deutsche Bank from GBX 320 ($4.21) to GBX 330 ($4.34) in a report issued on Monday morning, Stock Target Advisor reports. The brokerage currently has a hold rating on the stock.
Other research analysts have also recently issued reports about the company. Morgan Stanley reissued an equal weight rating on shares of Rotork in a research report on Thursday, December 5th. Jefferies Financial Group increased their price target on Rotork from GBX 338 ($4.45) to GBX 345 ($4.54) and gave the company a hold rating in a research report on Friday, November 22nd. Bank of America cut Rotork to an underperform rating and reduced their price target for the company from GBX 350 ($4.60) to GBX 300 ($3.95) in a research report on Wednesday, January 8th. HSBC cut Rotork to a hold rating and reduced their price target for the company from GBX 340 ($4.47) to GBX 330 ($4.34) in a research report on Tuesday, December 10th. Finally, BNP Paribas cut Rotork to a neutral rating in a research report on Thursday, November 28th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 326.42 ($4.29).
Shares of LON ROR opened at GBX 314.30 ($4.13) on Monday. The stock has a 50 day moving average price of GBX 330.02 and a 200 day moving average price of GBX 316.20. Rotork has a 52 week low of GBX 261.50 ($3.44) and a 52 week high of GBX 344.70 ($4.53). 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 $2.74 billion and a PE ratio of 30.22.
Rotork Company Profile
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.
Further Reading: Initial Coin Offering (ICO)
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