Rating On Watch: Analysts at JP Morgan Cazenove Maintain their “Neutral” rating for Rotork PLC (LON:ROR) with GBX 200.00 Target Price per Share

November 23, 2016 - By Winifred Garcia

Rotork PLC (LON:ROR) Rating

London: In a research note issued on Wednesday morning, JP Morgan Cazenove restate their “Neutral” rating on shares of Rotork PLC (LON:ROR). They currently have a GBX 200.00 price target on the firm. JP Morgan Cazenove’s target gives a potential downside of -15.06% from the company’s last close price.

Rotork p.l.c. (LON:ROR) Ratings Coverage

Out of 19 analysts covering Rotork PLC (LON:ROR), 2 rate it a “Buy”, 7 “Sell”, while 10 “Hold”. This means 11% are positive. GBX 287 is the highest target while GBX 135 is the lowest. The GBX 183 average target is -21.90% below today’s (GBX 234.3) stock price. Rotork PLC has been the topic of 127 analyst reports since August 4, 2015 according to StockzIntelligence Inc. HSBC maintained the shares of ROR in a report on Tuesday, May 3 with “Hold” rating. The firm has “Neutral” rating given on Tuesday, October 6 by Credit Suisse. The firm earned “Sector Perform” rating on Wednesday, September 2 by RBC Capital Markets. The stock of Rotork p.l.c. (LON:ROR) earned “Neutral” rating by UBS on Wednesday, November 18. The stock of Rotork p.l.c. (LON:ROR) has “Neutral” rating given on Wednesday, June 15 by JP Morgan. The stock of Rotork p.l.c. (LON:ROR) earned “Add” rating by Numis Securities on Tuesday, August 4. As per Monday, May 23, the company rating was maintained by HSBC. The stock of Rotork p.l.c. (LON:ROR) earned “Underperform” rating by RBC Capital Markets on Tuesday, October 20. The firm has “Hold” rating by Investec given on Thursday, August 6. The rating was maintained by Liberum Capital on Friday, September 18 with “Sell”.

About 2.10M shares traded hands. Rotork p.l.c. (LON:ROR) has risen 23.89% since April 25, 2016 and is uptrending. It has outperformed by 18.56% the S&P500.

Rotork plc is a United Kingdom-based firm engaged in the design and manufacture of actuators, which are used for the automation of industrial valves, and flow control products. The company has a market cap of 2.04 billion GBP. The Firm operates through four divisions: Controls, Fluid Systems, Gears and Instruments. It has a 33.03 P/E ratio. The Controls segment is engaged in the design, sale and manufacture of electric actuators.

Another recent and important Rotork p.l.c. (LON:ROR) news was published by Marketwatch.com which published an article titled: “Brexit-boosted Rotork and miners lead European markets higher” on November 22, 2016.

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