Rotork plc (LON:ROR – Get Rating) insider Jonathan Davis acquired 45 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The shares were acquired at an average cost of GBX 332 ($4.15) per share, for a total transaction of £149.40 ($186.94).
Rotork Stock Performance
LON ROR opened at GBX 339 ($4.24) on Wednesday. The business’s 50 day moving average price is GBX 324.24 and its 200-day moving average price is GBX 320.06. Rotork plc has a fifty-two week low of GBX 225.20 ($2.82) and a fifty-two week high of GBX 344.80 ($4.31). The company has a debt-to-equity ratio of 1.50, a quick ratio of 2.16 and a current ratio of 3.27. The company has a market cap of £2.92 billion, a P/E ratio of 3,079.52, a P/E/G ratio of 2.48 and a beta of 1.11.
Analysts Set New Price Targets
ROR has been the topic of several research reports. Shore Capital raised Rotork to a “hold” rating in a research report on Friday, April 28th. JPMorgan Chase & Co. lifted their price objective on Rotork from GBX 330 ($4.13) to GBX 345 ($4.32) and gave the company an “overweight” rating in a research report on Wednesday, March 1st. Peel Hunt reaffirmed an “add” rating and set a GBX 350 ($4.38) price objective on shares of Rotork in a research report on Tuesday, February 28th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 350 ($4.38) price objective on shares of Rotork in a research report on Tuesday, February 28th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Rotork presently has an average rating of “Moderate Buy” and an average price target of GBX 339 ($4.24).
About Rotork
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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