Rotork plc (LON:ROR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Rotork plc (LON:ROR) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 397.

ROR has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price objective on Rotork from GBX 390 to GBX 420 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Panmure Gordon increased their target price on shares of Rotork from GBX 360 to GBX 370 and gave the stock a “buy” rating in a report on Thursday, November 20th.

Rotork Trading Up 0.6%

LON:ROR opened at GBX 386.04 on Friday. Rotork has a one year low of GBX 266.80 and a one year high of GBX 393.60. The business has a fifty day moving average price of GBX 352.87 and a 200-day moving average price of GBX 344.05. The firm has a market capitalization of £3.18 billion, a price-to-earnings ratio of 32.99, a price-to-earnings-growth ratio of 2.48 and a beta of 0.96. The company has a debt-to-equity ratio of 1.97, a current ratio of 3.21 and a quick ratio of 2.16.

Rotork announced that its Board of Directors has initiated a share buyback program on Wednesday, November 19th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

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. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.