Rotork (LON:ROR) Receives Sell Rating from Shore Capital

Shore Capital reiterated their sell rating on shares of Rotork (LON:RORGet Rating) in a research report report published on Tuesday morning, Marketbeat Ratings reports.

Several other equities research analysts also recently weighed in on ROR. Barclays dropped their target price on shares of Rotork from GBX 345 ($4.23) to GBX 310 ($3.80) and set an overweight rating for the company in a research report on Wednesday, July 20th. Morgan Stanley reaffirmed an overweight rating on shares of Rotork in a research report on Wednesday, May 11th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Rotork has an average rating of Moderate Buy and a consensus target price of GBX 397 ($4.86).

Rotork Stock Performance

Rotork stock opened at GBX 262.40 ($3.22) on Tuesday. Rotork has a 12-month low of GBX 230.40 ($2.82) and a 12-month high of GBX 375.60 ($4.60). The company has a market capitalization of £2.26 billion and a price-to-earnings ratio of 2,917.78. The company has a debt-to-equity ratio of 1.75, a current ratio of 2.99 and a quick ratio of 2.18. The firm’s fifty day moving average price is GBX 253.98 and its 200 day moving average price is GBX 290.66.

Rotork Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 23rd. Investors of record on Thursday, August 18th will be paid a dividend of GBX 2.40 ($0.03) per share. This represents a yield of 0.93%. The ex-dividend date is Thursday, August 18th. Rotork’s dividend payout ratio is presently 96.11%.

Insider Activity at Rotork

In other news, insider Peter Dilnot purchased 10,000 shares of the business’s stock in a transaction dated Friday, May 27th. The shares were acquired at an average price of GBX 267 ($3.27) per share, for a total transaction of £26,700 ($32,716.58). In other news, insider Peter Dilnot purchased 10,000 shares of the business’s stock in a transaction dated Friday, May 27th. The shares were acquired at an average price of GBX 267 ($3.27) per share, for a total transaction of £26,700 ($32,716.58). Also, insider Kiet Huynh sold 11,820 shares of the business’s stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of GBX 270 ($3.31), for a total transaction of £31,914 ($39,105.50).

About Rotork

(Get Rating)

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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Analyst Recommendations for Rotork (LON:ROR)

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