Peel Hunt Reiterates Hold Rating for Rotork (LON:ROR)

Rotork (LON:ROR)‘s stock had its “hold” rating restated by research analysts at Peel Hunt in a research note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 503 price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 3.44% from the company’s current price.

A number of other research analysts also recently commented on the company. JPMorgan Chase & Co. boosted their target price on Rotork from GBX 390 to GBX 405 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 400 target price on shares of Rotork in a research report on Tuesday, May 5th. Finally, Shore Capital Group upgraded shares of Rotork to a “hold” rating in a report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 421.33.

Rotork Stock Down 0.0%

ROR stock opened at GBX 486.25 on Tuesday. The company’s 50 day simple moving average is GBX 350.85 and its 200-day simple moving average is GBX 342.23. Rotork has a 52-week low of GBX 286.40 and a 52-week high of GBX 489.20. 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 capitalization of £3.96 billion, a P/E ratio of 35.49, a P/E/G ratio of 2.48 and a beta of 1.05.

Rotork (LON:ROR) last issued its earnings results on Tuesday, August 4th. The company reported GBX 7.40 EPS for the quarter. Rotork had a return on equity of 20.10% and a net margin of 14.85%. As a group, equities research analysts anticipate that Rotork will post 16.4574899 EPS for the current year.

Insider Transactions at Rotork

In related news, insider Kiet Huynh acquired 49 shares of the stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of £150.05 per share, for a total transaction of £7,352.45. Insiders have bought a total of 149 shares of company stock valued at $765,137 over the last three months. Corporate insiders own 0.35% of the company’s stock.

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.