Rolls-Royce Holding PLC (LON:RR) Receives Average Rating of “Hold” from Analysts
Rolls-Royce Holding PLC (LON:RR) has been given an average recommendation of “Hold” by the twenty-one analysts that are currently covering the stock. Eight investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 627.67 ($8.19).
A number of analysts have weighed in on RR shares. Credit Suisse Group AG restated an “underperform” rating on shares of Rolls-Royce Holding PLC in a research note on Monday. Liberum Capital reiterated a “hold” rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, September 22nd. Panmure Gordon reiterated a “sell” rating and issued a GBX 500 ($6.53) price target on shares of Rolls-Royce Holding PLC in a research note on Tuesday, September 20th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 835 ($10.90) price target on shares of Rolls-Royce Holding PLC in a research note on Wednesday, September 14th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a GBX 743 ($9.70) price target on shares of Rolls-Royce Holding PLC in a research note on Sunday, September 11th.
In other Rolls-Royce Holding PLC news, insider Cairnie ,Ruth purchased 254 shares of Rolls-Royce Holding PLC stock in a transaction that occurred on Monday, August 8th. The shares were bought at an average price of GBX 764 ($9.97) per share, for a total transaction of £1,940.56 ($2,533.04). Also, insider Smith,David purchased 6,116 shares of Rolls-Royce Holding PLC stock in a transaction that occurred on Thursday, July 28th. The stock was acquired at an average price of GBX 818 ($10.68) per share, for a total transaction of £50,028.88 ($65,303.33).
Shares of Rolls-Royce Holding PLC (LON:RR) traded up 3.12% during mid-day trading on Tuesday, hitting GBX 760.50. 8,214,059 shares of the company were exchanged. Rolls-Royce Holding PLC has a 52 week low of GBX 497.00 and a 52 week high of GBX 875.50. The company’s market capitalization is GBX 13.93 billion. The company has a 50 day moving average of GBX 753.42 and a 200 day moving average of GBX 698.77.
About Rolls-Royce Holding PLC
Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions. The Company operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. Its civil aerospace business is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services.
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