Rotork’s (ROR) Hold Rating Reiterated at Deutsche Bank

Rotork (LON:ROR)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a report released on Friday.

A number of other analysts have also recently issued reports on the company. Numis Securities reaffirmed an “add” rating and issued a GBX 315 ($4.12) price objective on shares of Rotork in a research report on Wednesday, March 6th. Citigroup dropped their price target on Rotork from GBX 345 ($4.51) to GBX 325 ($4.25) and set a “buy” rating for the company in a report on Wednesday, March 6th. UBS Group reissued a “buy” rating on shares of Rotork in a report on Tuesday, March 5th. HSBC dropped their price target on Rotork from GBX 375 ($4.90) to GBX 350 ($4.57) and set a “buy” rating for the company in a report on Tuesday, March 5th. Finally, Goldman Sachs Group dropped their price target on Rotork from GBX 290 ($3.79) to GBX 276 ($3.61) and set a “neutral” rating for the company in a report on Tuesday, March 5th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 316.86 ($4.14).

ROR opened at GBX 291.80 ($3.81) on Friday. Rotork has a 12-month low of GBX 232.60 ($3.04) and a 12-month high of GBX 363.20 ($4.75). The company has a market capitalization of $2.53 billion and a PE ratio of 27.79. The company has a quick ratio of 1.67, a current ratio of 2.24 and a debt-to-equity ratio of 11.85.

In related news, insider Jonathan Davis acquired 526 shares of the stock in a transaction on Monday, January 21st. The shares were purchased at an average price of GBX 273 ($3.57) per share, for a total transaction of £1,435.98 ($1,876.36).

Rotork Company Profile

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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Analyst Recommendations for Rotork (LON:ROR)

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