Rotork p.l.c. 13.5% Potential Decrease Indicated by Societe Generale

Broker Ratings
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Rotork p.l.c. using EPIC/TICKER code (LON:ROR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Societe Generale. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. Societe Generale have set their target price at 250 GBX on its stock. This would indicate that the analyst believes there is a downside of -13.5% from today’s opening price of 289 GBX. Over the last 30 and 90 trading days the company share price has increased 6.2 points and increased 52.6 points respectively. The 52 week high for the share price is currently at 344.7 GBX while the year low stock price is currently 177.05 GBX.

Rotork p.l.c. has a 50 day moving average of 270.05 GBX and a 200 day moving average of 293.93. There are currently 872,744,711 shares in issue with the average daily volume traded being 1,912,220. Market capitalisation for LON:ROR is £2,557,911,389 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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