Numis Securities Ltd reiterated their hold rating on shares of Rotork p.l.c. (LON:ROR) in a research report sent to investors on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 245 ($3.19) price target on the stock.
Several other equities research analysts have also issued reports on the stock. Liberum Capital restated a sell rating on shares of Rotork p.l.c. in a research note on Tuesday. J P Morgan Chase & Co restated an overweight rating and set a GBX 265 ($3.45) price target on shares of Rotork p.l.c. in a research note on Monday, July 31st. Credit Suisse Group restated a neutral rating on shares of Rotork p.l.c. in a research note on Friday, July 21st. BNP Paribas restated a neutral rating and set a GBX 255 ($3.32) price target on shares of Rotork p.l.c. in a research note on Tuesday, July 18th. Finally, Goldman Sachs Group, Inc. (The) restated a buy rating on shares of Rotork p.l.c. in a research note on Friday, July 14th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. Rotork p.l.c. has a consensus rating of Hold and an average price target of GBX 251.69 ($3.28).
Rotork p.l.c. (LON ROR) opened at 232.60 on Wednesday. The stock has a 50 day moving average price of GBX 239.82 and a 200 day moving average price of GBX 245.16. The firm’s market cap is GBX 2.02 billion. Rotork p.l.c. has a 52-week low of GBX 190.90 and a 52-week high of GBX 269.40.
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The company also recently announced a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be paid a GBX 2.05 ($0.03) dividend. The ex-dividend date is Thursday, August 24th. This represents a dividend yield of 0.88%.
In other news, insider Peter France bought 1,503 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were purchased at an average price of GBX 235 ($3.06) per share, for a total transaction of £3,532.05 ($4,599.62). Also, insider Jonathan Davis bought 3,054 shares of the company’s stock in a transaction dated Friday, May 19th. The stock was purchased at an average price of GBX 236 ($3.07) per share, for a total transaction of £7,207.44 ($9,385.91). In the last quarter, insiders bought 5,968 shares of company stock worth $1,426,699.
About Rotork p.l.c.
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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