Rotork p.l.c. (LON:ROR) has been given a consensus rating of “Hold” by the sixteen research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 316.85 ($4.14).
ROR has been the subject of several research analyst reports. Peel Hunt reiterated a “buy” rating on shares of Rotork in a report on Wednesday, March 27th. UBS Group reiterated a “buy” rating on shares of Rotork in a report on Tuesday, April 23rd. Berenberg Bank initiated coverage on Rotork in a report on Thursday, May 16th. They issued a “hold” rating and a GBX 280 ($3.66) price objective for the company. Deutsche Bank increased their price objective on Rotork from GBX 250 ($3.27) to GBX 295 ($3.85) and gave the stock a “hold” rating in a report on Friday, June 14th. Finally, Credit Suisse Group reiterated an “underperform” rating on shares of Rotork in a report on Wednesday, June 5th.
In other Rotork news, insider Jonathan Davis acquired 484 shares of the company’s stock in a transaction on Tuesday, May 21st. The stock was acquired at an average price 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.
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