Rotork plc (LON:ROR – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 322.73 ($4.31) and traded as high as GBX 347.70 ($4.64). Rotork shares last traded at GBX 345.11 ($4.61), with a volume of 50,513,844 shares.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Shore Capital restated a “hold” rating on shares of Rotork in a research report on Tuesday, August 5th. Berenberg Bank restated a “buy” rating and issued a GBX 395 price target on shares of Rotork in a research report on Tuesday, August 5th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 430 price target on shares of Rotork in a research report on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Rotork has a consensus rating of “Moderate Buy” and an average target price of GBX 396.25.
Check Out Our Latest Report on Rotork
Rotork Price Performance
Rotork (LON:ROR – Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported GBX 7.10 earnings per share (EPS) for the quarter. Rotork had a return on equity of 19.42% and a net margin of 15.98%. As a group, research analysts predict that Rotork plc will post 16.4574899 earnings per share for the current year.
Insider Transactions at Rotork
In other Rotork news, insider Dorothy Thompson bought 17,610 shares of the company’s stock in a transaction on Wednesday, October 8th. The shares were bought at an average price of GBX 340 per share, for a total transaction of £59,874. Insiders own 0.30% 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.
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