Rotork PLC 12.4% potential upside indicated by RBC Capital Markets

Rotork PLC with ticker (LON:ROR) now has a potential upside of 12.4% according to RBC Capital Markets.



RBC Capital Markets set a target price of 340 GBX for the company, which when compared to the Rotork PLC share price of 303 GBX at opening today (28/06/2023) indicates a potential upside of 12.4%. Trading has ranged between 225 (52 week low) and 345 (52 week high) with an average of 1,661,936 shares exchanging hands daily. The market capitalisation at the time of writing is £2,622,227,434.

Rotork plc is a United Kingdom-based global provider of flow control and instrumentation solutions for the industrial actuation and flow control markets. These include oil and gas, water and wastewater, power, chemical process, and industrial applications. Its segments include Oil & Gas, Chemical, Process & Industrial and Water & Power. The Oil & Gas segment is a supplier of electric critical duty actuators and related services to the global oil and gas sector. The Chemical, Process & Industrial segment is a supplier of specialist actuators and instruments for niche applications in the broad chemical, process industry, and industrial sectors. Water & Power segment supplier of premium actuators, predominantly electric, and gearboxes for applications in the water and power generation sectors. Its products include electric actuators, fluid power actuators, process control actuators, gearboxes and valve accessories, instrumentation and control, pneumatic valves and manifolds, and others.