Rotork (LON:ROR)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. They presently have a GBX 290 ($4.01) price objective on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 5.22% from the company’s current price.
Several other equities research analysts also recently weighed in on the company. Investec downgraded Rotork to a “sell” rating and raised their price objective for the company from GBX 255 ($3.52) to GBX 265 ($3.66) in a report on Tuesday. Credit Suisse Group raised their price objective on Rotork from GBX 250 ($3.45) to GBX 260 ($3.59) and gave the company a “neutral” rating in a report on Thursday, March 8th. Numis Securities reissued a “hold” rating and set a GBX 270 ($3.73) price objective on shares of Rotork in a report on Wednesday, March 7th. Societe Generale reissued a “buy” rating and set a GBX 315 ($4.35) price objective on shares of Rotork in a report on Wednesday, March 7th. Finally, Citigroup reissued a “buy” rating and set a GBX 315 ($4.35) price objective on shares of Rotork in a report on Wednesday, March 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 281.76 ($3.89).
Shares of Rotork (LON ROR) opened at GBX 275.60 ($3.81) on Wednesday. Rotork has a twelve month low of GBX 221.30 ($3.06) and a twelve month high of GBX 306.80 ($4.24). The firm has a market capitalization of $2,400.00 and a price-to-earnings ratio of 3,937.14.
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.
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