Rotork p.l.c. (LON:ROR) has earned a consensus rating of “Hold” from the sixteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 316.85 ($4.14).
A number of research analysts have recently commented on ROR shares. Peel Hunt reaffirmed a “buy” rating on shares of Rotork in a research report on Wednesday, March 27th. HSBC dropped their price target on Rotork from GBX 375 ($4.90) to GBX 350 ($4.57) and set a “buy” rating on the stock in a research report on Tuesday, March 5th. Deutsche Bank upped their price target on Rotork from GBX 250 ($3.27) to GBX 295 ($3.85) and gave the company a “hold” rating in a research report on Friday, June 14th. UBS Group reaffirmed a “buy” rating on shares of Rotork in a research report on Tuesday, March 5th. Finally, Goldman Sachs Group dropped their price target on Rotork from GBX 290 ($3.79) to GBX 276 ($3.61) and set a “neutral” rating on the stock in a research report on Tuesday, March 5th.
In related news, insider Jonathan Davis acquired 484 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were bought at an average cost of GBX 297 ($3.88) per share, for a total transaction of £1,437.48 ($1,878.32).
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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