Rotork p.l.c. 1.1% Potential Decrease Indicated by Deutsche Bank

Broker Ratings
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Rotork p.l.c. with EPIC/TICKER (LON:ROR) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 320 GBX on its stock. This is indicating the analyst believes there is a potential downside of -1.1% from today’s opening price of 323.7 GBX. Over the last 30 and 90 trading days the company share price has increased 29.9 points and increased 19.4 points respectively. The 1 year high share price is 344.7 GBX while the year low share price is currently 232.6 GBX.

Rotork p.l.c. has a 50 day moving average of 316.61 GBX and the 200 Day Moving Average price is recorded at 307.35. There are currently 872,117,002 shares in issue with the average daily volume traded being 2,224,076. Market capitalisation for LON:ROR is £2,818,682,573 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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