Shares of Rotork plc (OTCMKTS:RTOXF – Get Rating) have received an average recommendation of “Buy” from the seven research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $174.48.
Several equities analysts recently commented on RTOXF shares. Royal Bank of Canada upgraded Rotork from an “underperform” rating to an “outperform” rating in a research note on Wednesday, March 9th. Barclays dropped their target price on Rotork from GBX 405 ($4.99) to GBX 345 ($4.25) in a research note on Tuesday, May 3rd.
Rotork stock opened at $3.23 on Thursday. The stock has a fifty day moving average price of $3.98 and a 200 day moving average price of $4.43. Rotork has a 52 week low of $3.23 and a 52 week high of $5.07.
Rotork plc designs, manufactures, and markets flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.
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