Rotork (LON:ROR) had its target price decreased by Deutsche Bank from GBX 280 ($3.68) to GBX 235 ($3.09) in a research report report published on Monday, Stock Target Advisor reports. Deutsche Bank currently has a hold rating on the stock.
Other equities analysts also recently issued research reports about the stock. Peel Hunt reiterated a buy rating on shares of Rotork in a research note on Tuesday, March 3rd. Morgan Stanley restated an equal weight rating on shares of Rotork in a research note on Thursday, December 5th. HSBC cut Rotork to a hold rating and cut their price target for the company from GBX 340 ($4.47) to GBX 330 ($4.34) in a research note on Tuesday, December 10th. Royal Bank of Canada cut their price target on Rotork from GBX 345 ($4.54) to GBX 265 ($3.49) and set a sector performer rating on the stock in a research note on Thursday, March 19th. Finally, Goldman Sachs Group cut their price target on Rotork from GBX 320 ($4.21) to GBX 220 ($2.89) and set a neutral rating on the stock in a research note on Friday, March 20th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 291.36 ($3.83).
Shares of Rotork stock opened at GBX 227.50 ($2.99) on Monday. The company has a quick ratio of 2.16, a current ratio of 2.75 and a debt-to-equity ratio of 2.14. Rotork has a 52-week low of GBX 177.05 ($2.33) and a 52-week high of GBX 344.70 ($4.53). The company has a market capitalization of $1.99 billion and a P/E ratio of 21.06. The company has a 50 day moving average of GBX 273.43 and a 200 day moving average of GBX 308.38.
The company also recently disclosed a dividend, which will be paid on Friday, May 22nd. Shareholders of record on Thursday, April 9th will be issued a dividend of GBX 3.90 ($0.05) per share. This is a positive change from Rotork’s previous dividend of $2.30. The ex-dividend date of this dividend is Thursday, April 9th. This represents a dividend yield of 1.27%. Rotork’s dividend payout ratio (DPR) is presently 0.56%.
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.
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