Rotork (ROR) Receives Hold Rating from Numis Securities

Numis Securities reiterated their hold rating on shares of Rotork (LON:ROR) in a research note published on Wednesday. Numis Securities currently has a GBX 245 ($3.38) price target on the stock.

Several other brokerages have also issued reports on ROR. Peel Hunt reissued an add rating and set a GBX 280 ($3.87) price objective on shares of Rotork in a report on Thursday, January 4th. Liberum Capital raised their target price on shares of Rotork from GBX 265 ($3.66) to GBX 275 ($3.80) and gave the company a hold rating in a research note on Friday, January 12th. Citigroup restated a buy rating on shares of Rotork in a research note on Monday, December 4th. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 290 ($4.01) target price on shares of Rotork in a research note on Tuesday. Finally, Deutsche Bank restated a hold rating and issued a GBX 255 ($3.52) target price on shares of Rotork in a research note on Wednesday, November 8th. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Rotork has an average rating of Hold and an average price target of GBX 273.13 ($3.77).

Rotork (LON:ROR) opened at GBX 293.30 ($4.05) on Wednesday. The stock has a market cap of $2,550.00 and a P/E ratio of 3,258.89. Rotork has a 1-year low of GBX 221.30 ($3.06) and a 1-year high of GBX 306.80 ($4.24).

In related news, insider Jonathan Davis acquired 551 shares of the stock in a transaction dated Tuesday, November 21st. The stock was acquired at an average cost of GBX 261 ($3.61) per share, for a total transaction of £1,438.11 ($1,986.89). Also, insider Sally James acquired 348 shares of the stock in a transaction dated Thursday, December 21st. The shares were bought at an average price of GBX 264 ($3.65) per share, with a total value of £918.72 ($1,269.30). Insiders have bought 1,373 shares of company stock valued at $379,305 over the last quarter.

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About Rotork

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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