Rotork PLC (LON:ROR) Rating Reaffirmed
Recently, In an interesting research report disseminated on 2 December, Rotork PLC (LON:ROR) shares have had their Neutral Rating reiterated by research professionals at Goldman Sachs, who currently has a GBX 185.00 Estimated Target Price on firm. This target by Goldman Sachs indicates the possibile upside of 1.43% from the price per share.
From a total of 19 analysts covering Rotork PLC (LON:ROR) stock, 1 rate it a ”Buy”, 7 a “Sell”, and 10 a ”Hold”. This means that 6% of the ratings are positive. The highest target price is GBX 287 while the lowest target price is GBX 145. The mean of all analyst targets is GBX 177.32 with a -2.93% below today’s (GBX 182.4) stock price. Rotork PLC was the topic of 67 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on December 1 with “Hold” rating. Goldman Sachs maintained shares with “Neutral” rating and GBX 185 target share price in a report from a November 19. Credit Suisse maintained ROR stock in a recent report from November 25 with “Neutral” rating. Morgan Stanley maintained the rating on November 19. Morgan Stanley has a “Equalwt/In-Line” rating and a GBX 200 price target on shares. Finally, Nomura maintained the stock with “Reduce” rating in a report issued on a November 20.
Approximately 2,189 shares of stock traded hands. Rotork p.l.c. (LON:ROR) has declined 24.11% since May 5, 2015 and is downtrending. It has underperformed by 23.91% the S&P500.
Rotork PLC is a United Kingdom-based firm engaged in the design and manufacture of actuators and flow control equipment. The company has a market cap of 1.59 billion GBP. The Firm has consists of four actuation and flow control divisions, such as Rotork Controls, Rotork Fluid Systems, Rotork Gears and Rotork Instruments. It has 15.89 P/E ratio. Rotork Controls creates and makes electric actuators for valve applications and network control systems.