Rotork p.l.c.’s (ROR) “Sell” Rating Reiterated at Liberum Capital
Rotork p.l.c. (LON:ROR)‘s stock had its “sell” rating restated by equities research analysts at Liberum Capital in a report issued on Tuesday. They currently have a GBX 150 ($2.00) target price on the stock. Liberum Capital’s price objective would suggest a potential downside of 28.88% from the stock’s current price.
A number of other analysts also recently commented on ROR. HSBC reaffirmed a “hold” rating and set a GBX 180 ($2.40) price target on shares of Rotork p.l.c. in a research report on Tuesday, May 3rd. Credit Suisse Group AG reaffirmed a “neutral” rating and set a GBX 180 ($2.40) price target on shares of Rotork p.l.c. in a research report on Wednesday, April 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 170 ($2.26) price target on shares of Rotork p.l.c. in a research report on Wednesday, June 15th. Jefferies Group increased their price target on Rotork p.l.c. from GBX 145 ($1.93) to GBX 155 ($2.06) and gave the company an “underperform” rating in a research report on Wednesday, April 20th. Finally, Nomura decreased their price target on Rotork p.l.c. from GBX 158 ($2.10) to GBX 135 ($1.80) and set a “reduce” rating for the company in a research report on Monday, April 4th. Seven investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 174.65 ($2.33).
Shares of Rotork p.l.c. (LON:ROR) traded down 2.18% during trading on Tuesday, reaching GBX 210.90. The company’s stock had a trading volume of 1,744,740 shares. The stock has a 50-day moving average of GBX 206.96 and a 200-day moving average of GBX 193.12. The stock’s market cap is GBX 1.83 billion. Rotork p.l.c. has a 52-week low of GBX 150.30 and a 52-week high of GBX 223.80.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/11/rotork-p-l-c-s-ror-sell-rating-reiterated-at-liberum-capital.html
The firm also recently disclosed a dividend, which will be paid on Friday, September 23rd. Investors of record on Thursday, August 25th will be paid a dividend of GBX 1.95 ($0.03) per share. This represents a yield of 0.99%. The ex-dividend date is Thursday, August 25th.
About Rotork p.l.c.
Rotork plc is a United Kingdom-based company engaged in the design and manufacture of actuators, which are used for the automation of industrial valves, and flow control products. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, sale and manufacture of electric actuators.
Receive News & Ratings for Rotork p.l.c. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Rotork p.l.c. and related companies with MarketBeat.com’s FREE daily email newsletter.