Rotork p.l.c. 2.5% Potential Decrease Indicated by Goldman Sachs

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 ‘NEUTRAL’ today by analysts at Goldman Sachs. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 276 GBX on its stock. This indicates the analyst believes there is a potential downside of -2.5% from today’s opening price of 283.2 GBX. Over the last 30 and 90 trading days the company share price has increased 1.9 points and increased 34.4 points respectively. The 1 year high stock 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 275.09 GBX and a 200 Day Moving Average share price is recorded at 308.37. There are currently 871,814,567 shares in issue with the average daily volume traded being 1,578,539. Market capitalisation for LON:ROR is £2,473,976,444 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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