Rotork Stock Rating Downgraded by Royal Bank of Canada
Rotork's stock rating has been downgraded by Royal Bank Of Canada to 'sector perform'. This downgrade comes after several other research reports, including one from JPMorgan Chase & Co. that increased their price target on shares of Rotork from GBX 390 to GBX 405 and gave the stock an 'overweight' rating.
The current market capitalization of Rotork is £3.96 billion, with a P/E ratio of 35.53 and a beta of 1.05. The company has a debt-to-equity ratio of 7.69 and a quick ratio of 2.16.
In other news, insider Kiet Huynh purchased 49 shares of the company's stock in a transaction dated Monday, May 11th at an average price of £150.05 per share, with a total value of £7,352.45.