Rotork p.l.c. 7% Potential Upside Indicated by HSBC

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 ‘HOLD’ today 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 255 GBX on its stock. This now indicates the analyst believes there is a possible upside of 7.0% from the opening price of 238.4 GBX. Over the last 30 and 90 trading days the company share price has increased 15.8 points and decreased 76.7 points respectively. The 1 year high for the stock 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 254.74 GBX and a 200 day moving average of 303.51. There are currently 872,677,658 shares in issue with the average daily volume traded being 3,651,743. Market capitalisation for LON:ROR is £2,190,421,027 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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