Rotork p.l.c. 1.7% Potential Decrease Indicated by Barclays

Broker Ratings
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Rotork p.l.c. with EPIC/TICKER LON:ROR has had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘EQUAL-WEIGHT’ this morning by analysts at Barclays. Rotork p.l.c. are listed in the Industrials sector within UK Main Market. Barclays have set their target price at 290 GBX on its stock. This is indicating the analyst believes there is a potential downside of 1.7% from today’s opening price of 295 GBX. Over the last 30 and 90 trading days the company share price has decreased 10 points and decreased 10.8 points respectively.
Rotork p.l.c. LON:ROR has a 50 day moving average of 302.82 GBX and a 200 day moving average of 283.58The 52 week high for the share price is currently at 342.9 GBX while the 52 week low for the stock is 177.05 GBX. There are currently 872,808,520 shares in issue with the average daily volume traded being 1,918,258. Market capitalisation for LON:ROR is £2,585,258,587 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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