Rotork (LON:ROR) Shares Up 0.4% - Still a Buy?

Rotork plc (LON:ROR - Get Free Report)'s share price rose 0.4% during trading on Friday . The company traded as high as GBX 332 ($4.23) and last traded at GBX 331.40 ($4.22). Approximately 753,905 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 2,451,388 shares. The stock had previously closed at GBX 330.20 ($4.21).

Analyst Ratings Changes

Several brokerages have weighed in on ROR. Berenberg Bank raised their price target on Rotork from GBX 370 ($4.72) to GBX 380 ($4.84) and gave the stock a "buy" rating in a report on Friday, August 9th. JPMorgan Chase & Co. upgraded shares of Rotork to an "overweight" rating and upped their price target for the company from GBX 365 ($4.65) to GBX 370 ($4.72) in a research note on Wednesday, September 11th.

Rotork Price Performance

The stock has a fifty day moving average of GBX 321.59 and a 200 day moving average of GBX 329.87. The stock has a market cap of £2.82 billion, a price-to-earnings ratio of 2,367.14, a P/E/G ratio of 2.48 and a beta of 0.96. The company has a debt-to-equity ratio of 1.96, a current ratio of 3.21 and a quick ratio of 2.16.

Rotork Company Profile

Rotork plc designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets worldwide. It operates through three segments: Oils & Gas; Water & Power; and Chemical, Process & Industrial segments.