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Rotork plc ( (GB:ROR) ) has provided an announcement.
Rotork plc, a company involved in the manufacturing and engineering sector, has announced the purchase of 120,800 ordinary shares as part of its ongoing share buyback program. This move is in line with the authority granted by shareholders during the 2025 Annual General Meeting. The shares, acquired through J.P. Morgan Securities plc on the London Stock Exchange and CBOE Europe Limited, are intended to be canceled, which will reduce the total number of shares in circulation. This action is part of a broader strategy that has seen the company buy back over 12 million shares since April 2025, potentially impacting the company’s stock value and shareholder equity.
The most recent analyst rating on (GB:ROR) stock is a Buy with a £370.00 price target. To see the full list of analyst forecasts on Rotork plc stock, see the GB:ROR Stock Forecast page.
Spark’s Take on GB:ROR Stock
According to Spark, TipRanks’ AI Analyst, GB:ROR is a Outperform.
Rotork plc’s strong financial performance, characterized by solid revenue and cash flow growth and low leverage, is the primary driver of its stock score. Positive technical indicators further support the stock’s outlook. However, a high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.
To see Spark’s full report on GB:ROR stock, click here.
More about Rotork plc
Average Trading Volume: 1,737,260
Technical Sentiment Signal: Buy
Current Market Cap: £2.87B
For an in-depth examination of ROR stock, go to TipRanks’ Overview page.