Rotork p.l.c. 2.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Rotork p.l.c. with EPIC/TICKER (LON:ROR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 230 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 2.5% from today’s opening price of 224.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 71.9 points and decreased 116 points respectively. The 1 year high share price is 344.7 GBX while the year low share price is currently 177.05 GBX.

Rotork p.l.c. has a 50 day moving average of 293.80 GBX and a 200 day moving average of 312.23. There are currently 42,459,340 shares in issue with the average daily volume traded being 3,665,669. Market capitalisation for LON:ROR is £1,859,626,366 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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