Is Buying Rotork p.l.c. Here a Winning Strategy?

 Is Buying Rotork p.l.c. Here a Winning Strategy?

The stock of Rotork p.l.c. (LON:ROR) is a huge mover today! The stock increased 4.25% or GBX 9.62 on November 23, hitting GBX 236.22. About 5.49 million shares traded hands or 18.83% up from the average. Rotork p.l.c. (LON:ROR) has risen 23.89% since April 25, 2016 and is uptrending. It has outperformed by 18.56% the S&P500.
The move comes after 9 months positive chart setup for the GBX 2.05 billion company. It was reported on Nov, 23 by Barchart.com. We have GBX 243.31 PT which if reached, will make LON:ROR worth GBX 61.50M more.

Rotork p.l.c. (LON:ROR) Ratings Coverage

Out of 19 analysts covering Rotork PLC (LON:ROR), 2 rate it a “Buy”, 7 “Sell”, while 10 “Hold”. This means 11% are positive. GBX 287 is the highest target while GBX 135 is the lowest. The GBX 183 average target is -22.53% below today’s (GBX 236.22) stock price. Rotork PLC has been the topic of 127 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock has “Neutral/Neutral” rating given by Goldman Sachs on Friday, October 16. As per Wednesday, April 6, the company rating was downgraded by Morgan Stanley. The firm earned “Sector Perform” rating on Wednesday, September 2 by RBC Capital Markets. Numis Securities maintained the stock with “Add” rating in Tuesday, August 4 report. On Monday, September 21 the stock rating was maintained by Credit Suisse with “Neutral”. The firm has “Neutral” rating given on Wednesday, November 23 by JP Morgan. The firm has “Underperform” rating by Jefferies given on Wednesday, April 20. The stock of Rotork p.l.c. (LON:ROR) has “Neutral” rating given on Monday, October 12 by JP Morgan. The stock of Rotork p.l.c. (LON:ROR) has “Equal Weight” rating given on Wednesday, August 5 by Barclays Capital. The stock of Rotork p.l.c. (LON:ROR) earned “Neutral” rating by Goldman Sachs on Thursday, November 19.

Another recent and important Rotork p.l.c. (LON:ROR) news was published by Marketwatch.com which published an article titled: “Brexit-boosted Rotork and miners lead European markets higher” on November 22, 2016.

Rotork plc is a United Kingdom-based firm engaged in the design and manufacture of actuators, which are used for the automation of industrial valves, and flow control products. The company has a market cap of 2.05 billion GBP. The Firm operates through four divisions: Controls, Fluid Systems, Gears and Instruments. It has a 33.3 P/E ratio. The Controls segment is engaged in the design, sale and manufacture of electric actuators.

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