Rotork (LON:ROR) Given New GBX 405 Price Target at JPMorgan Chase & Co.

Rotork (LON:ROR) had its target price upped by stock analysts at JPMorgan Chase & Co. from GBX 390 to GBX 405 in a research note issued on Wednesday,London Stock Exchange reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 34.11% from the stock’s previous close.

Several other research analysts have also recently issued reports on ROR. Berenberg Bank dropped their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Shore Capital Group upgraded Rotork to a “hold” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 400 price objective on shares of Rotork in a research note on Tuesday, May 5th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 405.

Rotork Stock Performance

Shares of LON:ROR opened at GBX 302 on Wednesday. Rotork has a 52 week low of GBX 292 and a 52 week high of GBX 393.60. The stock has a market capitalization of £2.46 billion, a P/E ratio of 22.04, a PEG ratio of 2.48 and a beta of 0.97. The firm has a fifty day simple moving average of GBX 309.83 and a two-hundred day simple moving average of GBX 330.40. 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 Activity at Rotork

In other news, insider Kiet Huynh bought 49 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of £150.05 per share, with a total value of £7,352.45. In the last three months, insiders have purchased 143 shares of company stock worth $765,212. Insiders own 0.31% 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.