Rotork plc (LON:ROR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Rotork plc (LON:RORGet Rating) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 386.33 ($4.67).

A number of equities research analysts have recently issued reports on ROR shares. Shore Capital reaffirmed a “sell” rating on shares of Rotork in a research note on Tuesday, August 2nd. Barclays cut their price objective on shares of Rotork from GBX 345 ($4.17) to GBX 310 ($3.75) and set an “overweight” rating for the company in a research note on Wednesday, July 20th.

Rotork Price Performance

Shares of LON:ROR opened at GBX 249.20 ($3.01) on Friday. The company’s fifty day moving average price is GBX 249.13 and its 200-day moving average price is GBX 275.36. The firm has a market capitalization of £2.14 billion and a price-to-earnings ratio of 2,768.89. Rotork has a one year low of GBX 229.40 ($2.77) and a one year high of GBX 375.60 ($4.54). The company has a debt-to-equity ratio of 1.76, a current ratio of 2.91 and a quick ratio of 2.16.

Rotork Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, September 23rd. Shareholders of record on Thursday, August 18th will be given a dividend of GBX 2.40 ($0.03) per share. The ex-dividend date is Thursday, August 18th. This represents a yield of 0.93%. Rotork’s payout ratio is currently 71.11%.

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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