Barclays Increases Rotork (ROR) Price Target to GBX 260

Rotork (LON:ROR) had its price objective hoisted by stock analysts at Barclays from GBX 255 ($3.43) to GBX 260 ($3.50) in a research note issued on Monday. The firm presently has an “equal weight” rating on the stock. Barclays’ price objective indicates a potential downside of 1.52% from the company’s current price.

A number of other brokerages have also issued reports on ROR. Peel Hunt increased their target price on Rotork from GBX 260 ($3.50) to GBX 280 ($3.77) and gave the company an “add” rating in a research report on Tuesday, October 31st. Deutsche Bank reiterated a “hold” rating and set a GBX 255 ($3.43) target price on shares of Rotork in a research report on Wednesday, November 8th. Liberum Capital reiterated a “sell” rating on shares of Rotork in a research report on Thursday, November 23rd. Citigroup reiterated a “buy” rating on shares of Rotork in a research report on Monday, December 4th. Finally, reiterated a “hold” rating and set a GBX 250 ($3.36) target price on shares of Rotork in a research report on Friday, September 29th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. Rotork has an average rating of “Hold” and an average price target of GBX 261.80 ($3.52).

Rotork (LON:ROR) opened at GBX 264 ($3.55) on Monday. Rotork has a 52-week low of GBX 221.30 ($2.98) and a 52-week high of GBX 273 ($3.67).

In related news, insider Jonathan Davis bought 568 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was acquired at an average cost of GBX 253 ($3.41) per share, with a total value of £1,437.04 ($1,934.10). Also, insider Sally James bought 350 shares of the business’s stock in a transaction on Friday, October 20th. The stock was bought at an average cost of GBX 262 ($3.53) per share, with a total value of £917 ($1,234.19). Insiders acquired a total of 1,469 shares of company stock valued at $379,215 over the last ninety days.

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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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