Royal Bank of Canada Upgrades Rotork (LON:ROR) to “Outperform”

Rotork (LON:ROR) was upgraded by investment analysts at Royal Bank of Canada to an “outperform” rating in a research note issued on Tuesday, MarketBeat Ratings reports. The brokerage presently has a GBX 370 ($4.90) target price on the stock. Royal Bank of Canada’s target price indicates a potential upside of 25.94% from the stock’s previous close.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 390 ($5.16) target price on shares of Rotork in a research report on Thursday, January 23rd.

Rotork Stock Down 2.0 %

LON:ROR opened at GBX 293.78 ($3.89) on Tuesday. The company has a market cap of £2.48 billion, a price-to-earnings ratio of 21.15, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. Rotork has a twelve month low of GBX 266.80 ($3.53) and a twelve month high of GBX 363 ($4.80). The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 1.97. The stock has a fifty day simple moving average of GBX 316.62 and a 200-day simple moving average of GBX 320.75.

Rotork (LON:ROR) last announced its quarterly earnings data on Tuesday, March 11th. The company reported GBX 15.90 ($0.21) earnings per share for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. Analysts anticipate that Rotork will post 16.4574899 EPS for the current year.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety.