Rotork plc (LON:ROR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Rotork plc (LON:ROR) have been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 402.

Several brokerages recently issued reports on ROR. Berenberg Bank lowered their price target on Rotork from GBX 430 to GBX 420 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 400 price target on shares of Rotork in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a research note on Wednesday, March 11th. Finally, Shore Capital Group upgraded Rotork to a “hold” rating in a research note on Friday, May 1st.

Rotork Trading Down 1.2%

Shares of ROR opened at GBX 303.80 on Tuesday. Rotork has a 12-month low of GBX 297.80 and a 12-month high of GBX 393.60. The company has a quick ratio of 2.16, a current ratio of 2.50 and a debt-to-equity ratio of 7.69. The firm has a market capitalization of £2.48 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 2.48 and a beta of 0.97. The stock’s 50-day moving average price is GBX 327.37 and its 200 day moving average price is GBX 338.44.

Rotork (LON:ROR) last issued its quarterly earnings results on Tuesday, March 10th. The company reported GBX 17 earnings per share (EPS) for the quarter. Rotork had a return on equity of 20.10% and a net margin of 14.85%. As a group, research analysts predict that Rotork will post 16.4574899 earnings per share for the current year.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.