Rotork p.l.c. 16.9% Potential Decrease Indicated by Credit Suisse

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 ‘UNDERPERFORM’ today by analysts at Credit Suisse. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 210 GBX on its stock. This would indicate that the analyst believes there is a downside of -16.9% from the opening price of 252.8 GBX. Over the last 30 and 90 trading days the company share price has increased 2.8 points and decreased 57.1 points respectively. The 52 week high share price is 344.7 GBX while the 52 week low for the share price is 177.05 GBX.

Rotork p.l.c. has a 50 day moving average of 240.52 GBX and a 200 Day Moving Average share price is recorded at 299.25. There are currently 872,677,658 shares in issue with the average daily volume traded being 2,554,904. Market capitalisation for LON:ROR is £2,167,730,856 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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