Rotork p.l.c. (ROR) Receives Average Recommendation of “Hold” from Analysts

Rotork p.l.c. (LON:ROR) has received a consensus recommendation of “Hold” from the seventeen brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 338 ($4.42).

A number of brokerages have commented on ROR. Royal Bank of Canada boosted their price objective on shares of Rotork from GBX 280 ($3.66) to GBX 330 ($4.31) and gave the stock a “sector performer” rating in a report on Monday, August 6th. Liberum Capital reiterated a “hold” rating on shares of Rotork in a report on Tuesday, August 7th. Jefferies Financial Group reiterated a “hold” rating on shares of Rotork in a report on Wednesday, September 5th. Goldman Sachs Group lowered shares of Rotork to a “neutral” rating and boosted their price objective for the stock from GBX 320 ($4.18) to GBX 325 ($4.25) in a report on Thursday, August 9th. Finally, Barclays boosted their price objective on shares of Rotork from GBX 300 ($3.92) to GBX 325 ($4.25) and gave the stock an “equal weight” rating in a report on Thursday, August 9th.

Shares of Rotork stock opened at GBX 262.20 ($3.43) on Monday. Rotork has a twelve month low of GBX 221.30 ($2.89) and a twelve month high of GBX 306.80 ($4.01).

In other Rotork news, insider Jonathan Davis acquired 426 shares of the company’s stock in a transaction that occurred on Friday, September 21st. The shares were purchased at an average price of GBX 337 ($4.40) per share, for a total transaction of £1,435.62 ($1,875.89). Also, insider Gary Bullard acquired 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 23rd. The shares were acquired at an average price of GBX 261 ($3.41) per share, for a total transaction of £10,440 ($13,641.71).

About Rotork

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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