Rotork’s (ROR) “Hold” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Rotork (LON:ROR – Get Rating) in a report issued on Tuesday morning, Marketbeat.com reports. The firm currently has a GBX 350 ($4.22) price objective on the stock.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of Rotork from GBX 320 ($3.86) to GBX 330 ($3.98) and gave the company an overweight rating in a research note on Thursday, December 8th. Shore Capital reaffirmed a sell rating on shares of Rotork in a research note on Wednesday, November 23rd. Finally, Royal Bank of Canada cut Rotork to a sector perform rating and set a GBX 340 ($4.10) price target for the company. in a research note on Monday, January 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus target price of GBX 350 ($4.22).

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Rotork Price Performance

Shares of ROR opened at GBX 325.20 ($3.92) on Tuesday. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.91 and a quick ratio of 2.16. The company has a market cap of £2.80 billion, a P/E ratio of 3,602.22, a PEG ratio of 2.48 and a beta of 1.13. Rotork has a 12 month low of GBX 225.20 ($2.72) and a 12 month high of GBX 342.80 ($4.14). The stock has a fifty day moving average price of GBX 324.14 and a 200 day moving average price of GBX 284.82.

Rotork Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 19th. Investors of record on Thursday, April 13th will be given a GBX 4.30 ($0.05) dividend. This represents a yield of 1.33%. The ex-dividend date of this dividend is Thursday, April 13th. This is a positive change from Rotork’s previous dividend of $2.40. Rotork’s dividend payout ratio is 6,666.67%.

About Rotork

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Rotork plc designs, manufactures, and markets flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.

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