Rolls-Royce Holding PLC (LON:RR) had its price objective raised by JPMorgan Chase & Co. from GBX 835 ($10.33) to GBX 890 ($11.01) in a report published on Monday morning. JPMorgan Chase & Co. currently has a neutral rating on the stock.
Other equities analysts have also issued research reports about the company. Morgan Stanley reissued an underweight rating and set a GBX 655 ($8.11) target price on shares of Rolls-Royce Holding PLC in a research note on Monday, June 13th. Deutsche Bank AG reissued a sell rating and set a GBX 471 ($5.83) target price (up previously from GBX 430 ($5.32)) on shares of Rolls-Royce Holding PLC in a research note on Friday, June 24th. BNP Paribas reissued a neutral rating and set a GBX 649 ($8.03) target price on shares of Rolls-Royce Holding PLC in a research note on Monday, June 27th. Goldman Sachs Group Inc. decreased their target price on Rolls-Royce Holding PLC from GBX 725 ($8.97) to GBX 718 ($8.89) and set a neutral rating on the stock in a research note on Tuesday, June 28th. Finally, Credit Suisse Group AG increased their target price on Rolls-Royce Holding PLC from GBX 534 ($6.61) to GBX 590 ($7.30) and gave the stock an underperform rating in a research note on Friday, July 1st. Eight equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. Rolls-Royce Holding PLC has a consensus rating of Hold and a consensus target price of GBX 612.58 ($7.58).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 751.50 on Monday. The firm’s market cap is GBX 13.77 billion. Rolls-Royce Holding PLC has a one year low of GBX 497.00 and a one year high of GBX 875.50. The firm has a 50-day moving average price of GBX 749.00 and a 200 day moving average price of GBX 702.56.
In other Rolls-Royce Holding PLC news, insider Cairnie ,Ruth purchased 256 shares of Rolls-Royce Holding PLC stock in a transaction dated Wednesday, September 7th. The stock was acquired at an average cost of GBX 757 ($9.37) per share, with a total value of £1,937.92 ($2,398.42). Also, insider Smith,David purchased 6,116 shares of Rolls-Royce Holding PLC stock in a transaction dated Thursday, July 28th. The stock was acquired at an average cost of GBX 818 ($10.12) per share, with a total value of £50,028.88 ($61,916.93).
Rolls-Royce Holding PLC Company Profile
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.