Rotork (LON:ROR) had its price target decreased by Morgan Stanley from GBX 320 ($4.42) to GBX 310 ($4.28) in a research report report published on Wednesday morning. Morgan Stanley currently has an overweight rating on the stock.
Other research analysts have also recently issued reports about the stock. Peel Hunt reiterated an add rating and issued a GBX 280 ($3.87) target price on shares of Rotork in a report on Thursday, January 4th. Citigroup reiterated a buy rating on shares of Rotork in a report on Monday, December 4th. HSBC upgraded shares of Rotork to a buy rating and raised their target price for the stock from GBX 250 ($3.45) to GBX 335 ($4.63) in a report on Friday, January 12th. Barclays raised their target price on shares of Rotork from GBX 255 ($3.52) to GBX 260 ($3.59) and gave the stock an equal weight rating in a report on Monday, December 18th. Finally, Numis Securities reiterated a hold rating and issued a GBX 245 ($3.38) target price on shares of Rotork in a report on Tuesday, December 5th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 282.81 ($3.91).
Rotork (LON ROR) opened at GBX 283.10 ($3.91) on Wednesday. Rotork has a fifty-two week low of GBX 221.30 ($3.06) and a fifty-two week high of GBX 306.80 ($4.24). The company has a market cap of $2,460.00 and a PE ratio of 4,044.29.
Rotork Company Profile
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.
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