Rotork p.l.c. (LON:ROR)‘s stock had its “neutral” rating reissued by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday. They presently have a GBX 200 ($2.50) price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential downside of 15.97% from the stock’s current price.
A number of other research analysts also recently commented on the stock. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 230 ($2.87) target price on shares of Rotork p.l.c. in a research report on Friday, October 28th. BNP Paribas raised their target price on shares of Rotork p.l.c. from GBX 185 ($2.31) to GBX 200 ($2.50) and gave the company a “neutral” rating in a research report on Wednesday, July 13th. Liberum Capital reissued a “sell” rating and set a GBX 150 ($1.87) target price on shares of Rotork p.l.c. in a research report on Tuesday, August 2nd. Royal Bank Of Canada raised shares of Rotork p.l.c. to a “sector perform” rating and raised their target price for the company from GBX 165 ($2.06) to GBX 200 ($2.50) in a research report on Thursday, September 8th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 200 ($2.50) price objective on shares of Rotork p.l.c. in a research report on Friday, August 12th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 190.43 ($2.38).
Shares of Rotork p.l.c. (LON:ROR) traded down 0.54% during mid-day trading on Monday, reaching GBX 238.00. 3,902,989 shares of the company’s stock were exchanged. The company’s 50-day moving average price is GBX 210.91 and its 200-day moving average price is GBX 206.45. Rotork p.l.c. has a one year low of GBX 150.30 and a one year high of GBX 246.60. The company’s market capitalization is GBX 2.07 billion.