Rotork (LON:ROR) Rating Increased to Outperform at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Rotork (LON:ROR - Free Report) to an outperform rating in a report issued on Tuesday morning, MarketBeat reports. Royal Bank of Canada currently has GBX 370 ($4.92) target price on the stock.

Separately, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 390 ($5.19) price objective on shares of Rotork in a report on Thursday, January 23rd.

Rotork Price Performance

Shares of LON:ROR traded down GBX 2.17 ($0.03) during midday trading on Tuesday, reaching GBX 292.03 ($3.88). The company's stock had a trading volume of 910,418 shares, compared to its average volume of 8,669,671. The business's fifty day simple moving average is GBX 314.91 and its 200-day simple moving average is GBX 320.11. The company has a market capitalization of £2.47 billion, a P/E ratio of 21.02, a P/E/G 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 has a fifty-two week low of GBX 266.80 ($3.55) and a fifty-two week high of GBX 363 ($4.83).

Rotork (LON:ROR - Get Free Report) last released its quarterly earnings results on Tuesday, March 11th. The company reported GBX 15.90 ($0.21) EPS for the quarter. Rotork had a net margin of 15.98% and a return on equity of 19.42%. As a group, equities research analysts expect that Rotork will post 16.4574899 EPS for the current fiscal 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.