Rotork’s (ROR) Hold Rating Reaffirmed at Deutsche Bank

Deutsche Bank reiterated their hold rating on shares of Rotork (LON:ROR) in a research note issued to investors on Monday, December 4th. The firm currently has a GBX 255 ($3.41) price target on the stock.

Other equities research analysts have also recently issued reports about the company. reaffirmed a hold rating and set a GBX 250 ($3.34) price objective on shares of Rotork in a research report on Friday, September 29th. Liberum Capital reaffirmed a sell rating on shares of Rotork in a research report on Thursday, November 23rd. Peel Hunt raised their target price on Rotork from GBX 260 ($3.48) to GBX 280 ($3.74) and gave the stock an add rating in a research report on Tuesday, October 31st. Morgan Stanley raised their target price on Rotork from GBX 293 ($3.92) to GBX 317 ($4.24) and gave the stock an overweight rating in a research report on Tuesday, October 17th. Finally, Goldman Sachs Group reissued a buy rating and issued a GBX 280 ($3.74) target price on shares of Rotork in a research report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 261.80 ($3.50).

Rotork (ROR) traded up GBX 1 ($0.01) on Monday, reaching GBX 266.90 ($3.57). The company’s stock had a trading volume of 712,353 shares, compared to its average volume of 2,130,000. Rotork has a twelve month low of GBX 221.30 ($2.96) and a twelve month high of GBX 273 ($3.65). The company has a market capitalization of $2,320.00 and a P/E ratio of 2,965.56.

In other news, insider Sally James bought 348 shares of the firm’s stock in a transaction on Thursday, December 21st. The stock was acquired at an average cost of GBX 264 ($3.53) per share, with a total value of £918.72 ($1,228.40). Also, insider Jonathan Davis bought 551 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were purchased at an average cost of GBX 261 ($3.49) per share, with a total value of £1,438.11 ($1,922.86). In the last 90 days, insiders have purchased 1,249 shares of company stock valued at $327,383.

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Rotork Company Profile

Rotork Plc is a United Kingdom-based actuator manufacturer and flow control company. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, manufacture and sale of electric actuators. The Fluid Systems segment is engaged in the design, manufacture and sale of pneumatic and hydraulic actuators.

Analyst Recommendations for Rotork (LON:ROR)

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