Rotork p.l.c. 0.7% Potential Decrease Indicated by Berenberg

Broker Ratings
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Rotork p.l.c. using EPIC/TICKER code (LON:ROR) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 280 GBX on its stock. This indicates the analyst believes there is a potential downside of -.7% from today’s opening price of 282.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 36.4 points and decreased 2.8 points respectively. The 52 week high share price is 363.2 GBX while the year low share price is currently 232.6 GBX.

Rotork p.l.c. has a 50 day moving average of 301.19 GBX and a 200 day moving average of 296.86. There are currently 871,983,168 shares in issue with the average daily volume traded being 2,002,132. Market capitalisation for LON:ROR is £2,494,744,274 GBP.

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    Rotork plc issues a positive trading update for Q1 2024, showing growth in order intake and revenues. Good visibility for H2 and unchanged full-year expectations.

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