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Rotork plc Announces Share Purchase by Board Chair’s Associate

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Rotork plc Announces Share Purchase by Board Chair’s Associate

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The latest announcement is out from Rotork plc ( (GB:ROR) ).

Rotork plc announced a transaction involving Chris Thompson, who is closely associated with Dorothy Thompson, the Board Chair. Chris Thompson purchased 17,610 ordinary shares at an average price of £3.402 per share on the London Stock Exchange. This transaction fulfills the company’s obligations under the UK Market Abuse Regulation and has been duly notified to the Financial Conduct Authority.

The most recent analyst rating on (GB:ROR) stock is a Buy with a £375.00 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: 1,509,462

Technical Sentiment Signal: Buy

Current Market Cap: £2.83B

For a thorough assessment of ROR stock, go to TipRanks’ Stock Analysis page.

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