Rotork p.l.c. 5.6% Potential Upside Indicated by JP Morgan Cazenove

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 ‘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 a target price of 320 GBX on its stock. This indicates the analyst now believes there is a potential upside of 5.6% from today’s opening price of 303.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 10.4 points and decreased 3.7 points respectively. The 1 year high share price is 330.7 GBX while the 52 week low for the stock is 232.6 GBX.

Rotork p.l.c. has a 50 day moving average of 311.95 GBX and a 200 Day Moving Average share price is recorded at 302.08. There are currently 872,112,138 shares in issue with the average daily volume traded being 1,760,650. Market capitalisation for LON:ROR is £2,593,661,629 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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