Morgan Stanley Reaffirms “Equal weight” Rating for Rotork (LON:ROR)

Morgan Stanley reaffirmed their equal weight rating on shares of Rotork (LON:ROR) in a research report sent to investors on Thursday, Stock Target Advisor reports.

Other research analysts have also issued research reports about the company. Berenberg Bank boosted their price target on Rotork from GBX 280 ($3.66) to GBX 290 ($3.79) and gave the stock a hold rating in a research report on Thursday, August 15th. BNP Paribas downgraded Rotork to a neutral rating in a report on Thursday, November 28th. Jefferies Financial Group raised their target price on shares of Rotork from GBX 338 ($4.42) to GBX 345 ($4.51) and gave the company a hold rating in a research note on Friday, November 22nd. Peel Hunt restated a buy rating on shares of Rotork in a report on Thursday, November 21st. Finally, Deutsche Bank upped their price target on shares of Rotork from GBX 295 ($3.85) to GBX 320 ($4.18) and gave the stock a hold rating in a research report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 326 ($4.26).

Shares of LON ROR opened at GBX 330.30 ($4.32) on Thursday. 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 50 day moving average price of GBX 319.93 and a 200 day moving average price of GBX 309.12. The stock has a market capitalization of $2.88 billion and a PE ratio of 31.76. Rotork has a 52 week low of GBX 232.60 ($3.04) and a 52 week high of GBX 344.70 ($4.50).

In other Rotork news, insider Jonathan Davis bought 482 shares of Rotork stock in a transaction dated Monday, October 21st. The stock was bought at an average cost of GBX 298 ($3.89) per share, for a total transaction of £1,436.36 ($1,876.86). Insiders have bought a total of 1,384 shares of company stock valued at $430,917 over the last quarter.

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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Analyst Recommendations for Rotork (LON:ROR)

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