J P Morgan Chase & Co Reaffirms Overweight Rating for Rotork p.l.c. (ROR)

J P Morgan Chase & Co reaffirmed their overweight rating on shares of Rotork p.l.c. (LON:ROR) in a report released on Monday, July 31st. The firm currently has a GBX 265 ($3.44) price objective on the stock.

Several other equities analysts have also weighed in on the company. Goldman Sachs Group, Inc. (The) restated a buy rating on shares of Rotork p.l.c. in a report on Friday, July 14th. Morgan Stanley upgraded Rotork p.l.c. to an overweight rating and lifted their price objective for the stock from GBX 250 ($3.25) to GBX 292 ($3.79) in a research note on Thursday, June 22nd. Liberum Capital reiterated a sell rating on shares of Rotork p.l.c. in a research note on Friday, April 28th. BNP Paribas reiterated a neutral rating and issued a GBX 255 ($3.31) price objective on shares of Rotork p.l.c. in a research note on Tuesday, July 18th. Finally, Citigroup Inc. reiterated a neutral rating and issued a GBX 250 ($3.25) price objective on shares of Rotork p.l.c. in a research note on Tuesday, April 4th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 255.15 ($3.31).

Rotork p.l.c. (ROR) opened at 225.80 on Monday. Rotork p.l.c. has a 12 month low of GBX 190.90 and a 12 month high of GBX 269.40. The stock’s 50 day moving average price is GBX 238.22 and its 200-day moving average price is GBX 244.28. The stock’s market cap is GBX 1.96 billion.

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The firm also recently announced a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be issued a GBX 2.05 ($0.03) dividend. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, August 24th.

In other Rotork p.l.c. news, insider Peter France bought 1,503 shares of Rotork p.l.c. stock in a transaction dated Wednesday, June 21st. The shares were acquired at an average cost of GBX 235 ($3.05) per share, with a total value of £3,532.05 ($4,585.29).

About Rotork p.l.c.

Rotork Plc is a United Kingdom-based actuator manufacturer and flow control company. The Company operates through four segments: Controls, Fluid Systems, Gears and Instruments. The Controls segment is engaged in the design, manufacture and sale of electric actuators. The Fluid Systems segment is engaged in the design, manufacture and sale of pneumatic and hydraulic actuators.

Analyst Recommendations for Rotork p.l.c. (LON:ROR)

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