Rotork plc (LON:ROR – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 297.77 and last traded at GBX 298.20, with a volume of 451814 shares trading hands. The stock had previously closed at GBX 299.20.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Rotork from GBX 420 to GBX 390 and set an “overweight” rating for the company in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 400 price objective on shares of Rotork in a research note on Tuesday, May 5th. Berenberg Bank dropped their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a research note on Wednesday, March 11th. Finally, Shore Capital Group upgraded Rotork to a “hold” rating in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 402.
View Our Latest Analysis on Rotork
Rotork Trading Down 0.2%
Rotork (LON:ROR – Get Free Report) last announced its earnings results on Tuesday, March 10th. The company reported GBX 17 EPS for the quarter. Rotork had a return on equity of 20.10% and a net margin of 14.85%. As a group, equities analysts anticipate that Rotork plc will post 16.4574899 EPS for the current year.
Insider Activity
In other Rotork news, insider Kiet Huynh acquired 49 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average price of £150.05 per share, for a total transaction of £7,352.45. Insiders acquired a total of 141 shares of company stock worth $765,358 in the last 90 days. 0.31% of the stock is owned by company insiders.
About Rotork
Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.
See Also
- Five stocks we like better than Rotork
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Rotork Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rotork and related companies with MarketBeat.com's FREE daily email newsletter.
