Liberum Capital Boosts Rotork (ROR) Price Target to GBX 275

Rotork (LON:ROR) had its price objective hoisted by analysts at Liberum Capital from GBX 265 ($3.59) to GBX 275 ($3.73) in a research report issued to clients and investors on Friday. The firm currently has a “hold” rating on the stock. Liberum Capital’s target price points to a potential downside of 8.70% from the stock’s current price.

Several other brokerages have also weighed in on ROR. HSBC raised shares of Rotork to a “buy” rating and increased their target price for the stock from GBX 250 ($3.39) to GBX 335 ($4.54) in a research note on Friday. Peel Hunt increased their target price on shares of Rotork from GBX 260 ($3.53) to GBX 280 ($3.80) and gave the stock an “add” rating in a research note on Tuesday, October 31st. Deutsche Bank reaffirmed a “hold” rating and set a GBX 255 ($3.46) target price on shares of Rotork in a research note on Wednesday, November 8th. Citigroup reaffirmed a “buy” rating on shares of Rotork in a research note on Monday, December 4th. Finally, reaffirmed a “hold” rating and set a GBX 250 ($3.39) target price on shares of Rotork in a research note on Friday, September 29th. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Rotork presently has a consensus rating of “Hold” and a consensus price target of GBX 271.47 ($3.68).

Shares of Rotork (LON ROR) traded up GBX 9.60 ($0.13) during mid-day trading on Friday, reaching GBX 301.20 ($4.08). 3,968,728 shares of the company’s stock traded hands, compared to its average volume of 1,880,000. The stock has a market capitalization of $2,620.00 and a price-to-earnings ratio of 3,346.67. Rotork has a one year low of GBX 221.30 ($3.00) and a one year high of GBX 304 ($4.12).

In other news, insider Jonathan Davis purchased 551 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was bought at an average price of GBX 261 ($3.54) per share, for a total transaction of £1,438.11 ($1,950.24). Also, insider Sally James purchased 350 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was purchased at an average price of GBX 262 ($3.55) per share, with a total value of £917 ($1,243.56). Insiders purchased 1,249 shares of company stock valued at $327,383 in the last quarter.

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Rotork Company Profile

Rotork Plc is a United Kingdom-based actuator manufacturer and flow control company. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, manufacture and sale of electric actuators. The Fluid Systems segment is engaged in the design, manufacture and sale of pneumatic and hydraulic actuators.

Analyst Recommendations for Rotork (LON:ROR)

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