Rotork plc (LON:ROR) Given Average Rating of “Moderate Buy” by Brokerages

Rotork plc (LON:ROR) has been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 402.

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Rotork from GBX 420 to GBX 390 and set an “overweight” rating on the stock in a research report on Wednesday, March 11th. Shore Capital Group upgraded Rotork to a “hold” rating in a report on Friday, May 1st. Berenberg Bank decreased their price objective on shares of Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a report on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 400 price target on shares of Rotork in a report on Tuesday, May 5th.

Insiders Place Their Bets

In other Rotork news, insider Kiet Huynh bought 49 shares of the stock in a transaction on Monday, May 11th. The shares were bought at an average price of £150.05 per share, with a total value of £7,352.45. Over the last 90 days, insiders bought 143 shares of company stock worth $765,212. Insiders own 0.31% of the company’s stock.

Rotork Stock Performance

LON:ROR opened at GBX 304.20 on Wednesday. The firm’s fifty day moving average price is GBX 313.07 and its 200 day moving average price is GBX 331.57. Rotork has a 1-year low of GBX 294.40 and a 1-year high of GBX 393.60. The company has a debt-to-equity ratio of 7.69, a current ratio of 2.50 and a quick ratio of 2.16. The firm has a market cap of £2.47 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 2.48 and a beta of 0.98.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.