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

Rotork plc (LON:ROR) has been given an average rating of “Moderate Buy” by the six analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 405.

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 400 target price on shares of Rotork in a research note on Tuesday, May 5th. Shore Capital Group upgraded shares of Rotork to a “hold” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. increased their price target on shares of Rotork from GBX 390 to GBX 405 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st.

Rotork Trading Up 0.2%

ROR opened at GBX 486 on Friday. Rotork has a 52 week low of GBX 286.40 and a 52 week high of GBX 486.80. The business has a fifty day simple moving average of GBX 310.67 and a 200-day simple moving average of GBX 330.27. The firm has a market cap of £3.95 billion, a P/E ratio of 35.47, a P/E/G ratio of 2.48 and a beta of 0.98. The company has a quick ratio of 2.16, a current ratio of 2.50 and a debt-to-equity ratio of 7.69.

Insider Buying and Selling at Rotork

In other Rotork news, insider Kiet Huynh bought 49 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of £150.05 per share, with a total value of £7,352.45. Insiders have purchased a total of 149 shares of company stock valued at $765,137 in the last ninety days. Insiders own 0.35% of the company’s stock.

About Rotork

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.