Broker Recommendations

Berenberg downgrades Rotork to 'hold' following ABB takeover bid

By Iain Gilbert

Date: Friday 17 Jul 2026

(Sharecast News) - Berenberg cut its rating on Rotork from 'buy' to 'hold' on Friday but hiked its price target from 420p to 503p, stating the ABB takeover terms had effectively capped further upside for the shares.
Rotork agreed to a 506p per share acquisition by ABB, representing a 73% premium...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page