Rotork (ROR) Research Coverage Started at Berenberg Bank
Berenberg Bank started coverage on shares of Rotork (LON:ROR) in a report published on Thursday morning, Digital Look reports. The firm issued a hold rating and a GBX 280 ($3.66) price objective on the stock.
Several other equities analysts have also commented on ROR. UBS Group restated a buy rating on shares of Rotork in a research report on Tuesday, April 23rd. Deutsche Bank restated a hold rating on shares of Rotork in a research report on Monday, April 15th. Credit Suisse Group restated a neutral rating on shares of Rotork in a research report on Monday, April 29th. Numis Securities restated an add rating and set a GBX 315 ($4.12) price target on shares of Rotork in a research report on Wednesday, March 6th. Finally, Peel Hunt restated a buy rating and set a GBX 360 ($4.70) price target (up previously from GBX 325 ($4.25)) on shares of Rotork in a research report on Friday, April 26th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 321.14 ($4.20).
Rotork stock opened at GBX 293.10 ($3.83) on Thursday. The stock has a market cap of $2.55 billion and a PE ratio of 27.91. The company has a debt-to-equity ratio of 11.85, a current ratio of 2.24 and a quick ratio of 1.62. Rotork has a one year low of GBX 232.60 ($3.04) and a one year high of GBX 363.20 ($4.75).
In related news, insider Jonathan Davis sold 131,630 shares of the stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of GBX 293 ($3.83), for a total value of £385,675.90 ($503,953.87).
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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