JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Rotork (LON:ROR)

Rotork (LON:ROR)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research report issued on Thursday,Digital Look reports. They presently have a GBX 390 ($4.80) price objective on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 14.91% from the stock’s previous close.

Rotork Trading Up 1.4 %

Rotork stock traded up GBX 4.80 ($0.06) during trading on Thursday, reaching GBX 339.40 ($4.18). The company had a trading volume of 1,482,462 shares, compared to its average volume of 7,222,108. Rotork has a 12-month low of GBX 297.40 ($3.66) and a 12-month high of GBX 363 ($4.47). The stock’s 50 day moving average price is GBX 320.61 and its two-hundred day moving average price is GBX 326.31. The firm has a market capitalization of £2.88 billion, a price-to-earnings ratio of 2,424.29, a PEG ratio of 2.48 and a beta of 0.96. The company has a debt-to-equity ratio of 1.96, a quick ratio of 2.16 and a current ratio of 3.21.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety.