Rotork (LON:ROR) PT Raised to GBX 285 at Goldman Sachs Group

Share on StockTwits

Rotork (LON:ROR) had its target price lifted by Goldman Sachs Group from GBX 276 ($3.61) to GBX 285 ($3.72) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports. Goldman Sachs Group currently has a neutral rating on the stock.

Several other research analysts have also recently commented on ROR. Berenberg Bank set a €54.00 ($62.79) target price on 1&1 Drillisch and gave the stock a buy rating in a research report on Thursday, May 16th. UBS Group upgraded to a neutral rating and increased their price objective for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. Peel Hunt reiterated a buy rating on shares of Lookers in a research note on Monday, July 8th. Deutsche Bank dropped their price objective on Broadcom from $330.00 to $315.00 and set a buy rating for the company in a research note on Friday, June 14th. Finally, Credit Suisse Group began coverage on Yunji in a research note on Wednesday, July 3rd. They set an outperform rating and a $14.50 price objective for the company. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 312.71 ($4.09).

Shares of ROR stock opened at GBX 304.40 ($3.98) on Wednesday. The company has a market capitalization of $2.65 billion and a PE ratio of 28.99. Rotork has a one year low of GBX 232.60 ($3.04) and a one year high of GBX 363.20 ($4.75). The business has a fifty day moving average price of GBX 304.36. The company has a debt-to-equity ratio of 11.85, a quick ratio of 1.62 and a current ratio of 2.24.

In other Rotork news, insider Jonathan Davis bought 484 shares of the stock in a transaction dated Tuesday, May 21st. The stock was bought at an average cost of GBX 297 ($3.88) per share, for a total transaction of £1,437.48 ($1,878.32).

Rotork Company Profile

Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.

Read More: Convertible Shares

Analyst Recommendations for Rotork (LON:ROR)

Receive News & Ratings for Rotork Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rotork and related companies with MarketBeat.com's FREE daily email newsletter.