Rotork (LON:ROR) had its price target upped by Credit Suisse Group from GBX 250 ($3.45) to GBX 260 ($3.59) in a research note issued to investors on Thursday morning. Credit Suisse Group currently has a neutral rating on the stock.
Several other research firms have also recently commented on ROR. Liberum Capital lifted their target price on 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. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 290 ($4.01) price objective on shares of Rotork in a research note on Tuesday, February 27th. HSBC raised Rotork to a buy rating and lifted their price objective for the stock from GBX 250 ($3.45) to GBX 335 ($4.63) in a research note on Friday, January 12th. Jefferies Group raised Rotork to a hold rating and lifted their price objective for the stock from GBX 200 ($2.76) to GBX 280 ($3.87) in a research note on Thursday, February 22nd. Finally, Numis Securities reaffirmed a hold rating and set a GBX 245 ($3.38) price objective on shares of Rotork in a research note on Wednesday, February 14th. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Rotork has an average rating of Hold and a consensus price target of GBX 282.81 ($3.91).
Shares of Rotork (ROR) opened at GBX 282.20 ($3.90) on Thursday. The company has a market capitalization of $2,460.00 and a price-to-earnings ratio of 4,031.43. Rotork has a 52 week low of GBX 221.30 ($3.06) and a 52 week high of GBX 306.80 ($4.24).
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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.
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