Rolls-Royce Holding PLC (LON:RR)‘s stock had its “hold” rating reaffirmed by investment analysts at Liberum Capital in a report released on Thursday.
RR has been the subject of several other reports. Panmure Gordon restated a “sell” rating and set a GBX 500 ($6.53) target price on shares of Rolls-Royce Holding PLC in a research report on Tuesday, September 20th. Goldman Sachs Group Inc. boosted their target price on Rolls-Royce Holding PLC from GBX 718 ($9.37) to GBX 743 ($9.70) and gave the stock a “neutral” rating in a research report on Monday, September 5th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 835 ($10.90) target price on shares of Rolls-Royce Holding PLC in a research report on Wednesday, September 14th. Credit Suisse Group AG reduced their target price on Rolls-Royce Holding PLC from GBX 610 ($7.96) to GBX 595 ($7.77) and set an “underperform” rating for the company in a research report on Monday, September 12th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 555 ($7.24) target price on shares of Rolls-Royce Holding PLC in a research report on Tuesday, July 19th. Eight equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. Rolls-Royce Holding PLC currently has an average rating of “Hold” and an average target price of GBX 604.42 ($7.89).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 716.00 on Thursday. Rolls-Royce Holding PLC has a 52 week low of GBX 497.00 and a 52 week high of GBX 875.50. The firm’s market cap is GBX 13.12 billion. The stock has a 50 day moving average price of GBX 763.36 and a 200 day moving average price of GBX 697.53.
In other Rolls-Royce Holding PLC news, insider Smith,David bought 6,116 shares of the business’s stock in a transaction on Thursday, July 28th. The shares were acquired at an average cost of GBX 818 ($10.68) per share, for a total transaction of £50,028.88 ($65,303.33). Also, insider Cairnie ,Ruth bought 254 shares of the business’s stock in a transaction on Monday, August 8th. The shares were acquired at an average price of GBX 764 ($9.97) per share, for a total transaction of £1,940.56 ($2,533.04).
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.
Receive News & Ratings for Rolls-Royce Holding PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holding PLC and related companies with MarketBeat.com's FREE daily email newsletter.