Rotork p.l.c. 2.5% Potential Upside Indicated by HSBC

Broker Ratings
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Rotork p.l.c. with EPIC/TICKER (LON:ROR) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. HSBC have set a target price of 330 GBX on its stock. This is indicating the analyst believes there is a potential upside of 2.5% from the opening price of 322.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 10.4 points and increased 4.3 points respectively. The 52 week 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 319.64 GBX and a 200 Day Moving Average share price is recorded at 309.88. There are currently 872,120,750 shares in issue with the average daily volume traded being 2,015,122. Market capitalisation for LON:ROR is £2,809,100,827 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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