Brokerages Set Rotork plc (OTCMKTS:RTOXF) Target Price at $3.95

Rotork plc (OTCMKTS:RTOXF) has received a consensus rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $3.95.

Several analysts have recently weighed in on the company. Morgan Stanley restated an “overweight” rating on shares of Rotork in a report on Monday, November 8th. JPMorgan Chase & Co. upgraded Rotork from a “neutral” rating to a “buy” rating and set a $3.95 price target on the stock in a report on Friday, December 3rd.

Shares of OTCMKTS:RTOXF traded down $0.14 during midday trading on Friday, hitting $4.79. 298 shares of the stock were exchanged, compared to its average volume of 2,260. The business’s 50-day moving average price is $4.77 and its 200 day moving average price is $4.73. Rotork has a 12 month low of $4.30 and a 12 month high of $5.24.

Rotork Company Profile

Rotork Plc is a holding company, which engages in the design, manufacture, and sale of actuators systems and related products. It operates through following segments: Controls, Fluid Systems, Gears, and Instruments. The Controls segment includes the design, manufacture, and sale of electric actuators.

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Analyst Recommendations for Rotork (OTCMKTS:RTOXF)

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