Morgan Stanley reaffirmed their equal weight rating on shares of Rotork (LON:ROR) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms have also weighed in on ROR. 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. Credit Suisse Group assumed coverage on Yunji in a research note on Wednesday, July 3rd. They issued an outperform rating and a $14.50 price objective for the company. UBS Group raised to a neutral rating and upped 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. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research note on Wednesday. Finally, Berenberg Bank set a €54.00 ($62.79) price objective on 1&1 Drillisch and gave the stock a buy rating in a research note on Thursday, May 16th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 312.71 ($4.09).
LON ROR opened at GBX 304.40 ($3.98) on Thursday. The company has a market capitalization of $2.65 billion and a price-to-earnings ratio of 28.99. The company has a debt-to-equity ratio of 11.85, a quick ratio of 1.62 and a current ratio of 2.24. The stock has a 50-day simple moving average of GBX 304.36. Rotork has a twelve month low of GBX 232.60 ($3.04) and a twelve month high of GBX 363.20 ($4.75).
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.
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