Rotork (LON:ROR) Rating Reaffirmed
Equity analysts at HSBC now has a GBX 180.00 target price per share on Rotork (LON:ROR). HSBC and their recent target price per share indicates a potential downside of -1.42% from the company’s last stock price. The rating has been revealed to clients and investors in a comprehensive report on Tuesday morning.
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 176.79 with a -3.13% below today’s (GBX 182.6) stock price. Rotork PLC was the topic of 66 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 1 with “Underperform” rating. Goldman Sachs maintained shares with “Neutral” rating and GBX 185 target share price in a report from a November 19. Stifel Nicolaus initiated ROR stock in a recent report from November 24 with “Sell” rating. UBS maintained the rating on November 18. UBS has a “Neutral” rating and a GBX 195 price target on shares. Finally, Morgan Stanley maintained the stock with “Equalwt/In-Line” rating in a report issued on a November 19.
The stock increased 0.33% or GBX 0.6 on December 1, striking GBX 182.6. Approximately 1.69M shares of stock traded hands. Rotork p.l.c. (LON:ROR) has declined 23.40% since May 4, 2015 and is downtrending. It has underperformed by 21.78% 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 1.58 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 15.91 P/E ratio. Rotork Controls creates and makes electric actuators for valve applications and network control systems.