Rotork (LON:ROR)‘s stock had its “hold” rating reaffirmed by analysts at Numis Securities in a note issued to investors on Wednesday. They currently have a GBX 245 ($3.38) price target on the stock. Numis Securities’ target price would suggest a potential downside of 14.04% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 290 ($4.01) price target on shares of Rotork in a research report on Tuesday. Liberum Capital raised their price target on Rotork from GBX 265 ($3.66) to GBX 275 ($3.80) and gave the stock a “hold” rating in a research report on Friday, January 12th. Peel Hunt restated an “add” rating and issued a GBX 280 ($3.87) price target on shares of Rotork in a research report on Thursday, January 4th. HSBC upgraded Rotork to a “buy” rating and raised their price target for the stock from GBX 250 ($3.45) to GBX 335 ($4.63) in a research report on Friday, January 12th. Finally, Deutsche Bank restated a “hold” rating and issued a GBX 255 ($3.52) price target on shares of Rotork in a research report on Monday, December 4th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 273.13 ($3.77).

Shares of Rotork (ROR) opened at GBX 285 ($3.94) on Wednesday. Rotork has a twelve month low of GBX 221.30 ($3.06) and a twelve month high of GBX 306.80 ($4.24). The firm has a market capitalization of $2,470.00 and a price-to-earnings ratio of 3,166.67.

In other Rotork news, insider Jonathan Davis bought 474 shares of the firm’s stock in a transaction on Friday, January 19th. The shares were purchased at an average price of GBX 303 ($4.19) per share, for a total transaction of £1,436.22 ($1,984.28). Also, insider Sally James bought 348 shares of the firm’s stock in a transaction on Thursday, December 21st. The stock was acquired at an average price of GBX 264 ($3.65) per share, for a total transaction of £918.72 ($1,269.30). In the last quarter, insiders acquired 1,373 shares of company stock worth $379,305.

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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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