Rotork (LON:ROR) Stock Rating Reaffirmed by Shore Capital

Rotork (LON:ROR)‘s stock had its “hold” rating restated by equities researchers at Shore Capital in a report released on Tuesday, Digital Look reports.

A number of other research firms have also recently weighed in on ROR. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 300 ($3.77) price target on shares of Rotork in a report on Wednesday, April 10th. Berenberg Bank restated a “buy” rating and issued a GBX 370 ($4.65) target price on shares of Rotork in a research note on Wednesday, March 6th.

Rotork Stock Up 2.3 %

Shares of LON ROR traded up GBX 7.40 ($0.09) during midday trading on Tuesday, reaching GBX 323.40 ($4.06). 1,575,269 shares of the company’s stock traded hands, compared to its average volume of 1,330,492. The company has a market cap of £2.78 billion, a price-to-earnings ratio of 2,487.69, a P/E/G ratio of 2.48 and a beta of 1.00. The stock’s 50 day simple moving average is GBX 322.27 and its 200-day simple moving average is GBX 315.40. The company has a quick ratio of 2.16, a current ratio of 3.09 and a debt-to-equity ratio of 1.92. Rotork has a one year low of GBX 277.20 ($3.48) and a one year high of GBX 344.80 ($4.33).

About Rotork

Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.