Jefferies lowered the firm’s price target on Rotork (RTOXF) to 445 GBp from 460 GBp and keeps a Buy rating on the shares. The firm reduced estimates following the company’s preliminary fiscal 2025 results, but says the shares are not pricing in the positives in the report following the selloff.
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Read More on RTOXF:
- Rotork Discloses Executive Share Option Exercise and Sale to Cover Tax
- Rotork price target lowered to 400 GBp from 405 GBp at Deutsche Bank
- Rotork launches fourth £10m tranche of £50m share buyback
- Rotork price target lowered to 420 GBp from 430 GBp at Berenberg
- Rotork price target lowered to 390 GBp from 420 GBp at JPMorgan
