Rotork (ROR) Price Target Cut to GBX 276

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Rotork (LON:ROR) had its price target dropped by investment analysts at Goldman Sachs Group from GBX 290 ($3.79) to GBX 276 ($3.61) in a research note issued on Tuesday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential downside of 4.30% from the stock’s previous close.

A number of other analysts also recently commented on ROR. Credit Suisse Group downgraded Rotork to an “underperform” rating in a research report on Wednesday, November 14th. Royal Bank of Canada upgraded Rotork to an “outperform” rating and raised their target price for the stock from GBX 330 ($4.31) to GBX 345 ($4.51) in a research report on Tuesday, November 20th. Peel Hunt restated a “hold” rating on shares of Rotork in a research report on Thursday, November 22nd. Liberum Capital restated a “hold” rating on shares of Rotork in a research report on Thursday, November 22nd. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Rotork in a research report on Friday, November 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 313.50 ($4.10).

Shares of ROR stock opened at GBX 288.40 ($3.77) on Tuesday. Rotork has a 12 month low of GBX 221.30 ($2.89) and a 12 month high of GBX 306.80 ($4.01).

In other Rotork news, insider Jonathan Davis purchased 526 shares of the company’s stock in a transaction that occurred on Monday, January 21st. The stock was purchased at an average cost of GBX 273 ($3.57) per share, with a total value 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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