Rotork p.l.c. 23.6% 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 ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. HSBC have set their target price at 350 GBX on its stock. This indicates the analyst now believes there is a potential upside of 23.6% 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 52 week high for the share price is currently at 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 of 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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