Rolls-Royce Holding PLC (LON:RR)‘s stock had its “underperform” rating reiterated by analysts at Credit Suisse Group AG in a report issued on Monday.
RR has been the subject of several other research reports. Panmure Gordon reissued a “sell” rating and set a GBX 500 ($6.53) price objective on shares of Rolls-Royce Holding PLC in a research note on Tuesday, September 20th. Goldman Sachs Group Inc. raised their price target on Rolls-Royce Holding PLC from GBX 718 ($9.37) to GBX 743 ($9.70) and gave the company a “neutral” rating in a research report on Monday, September 5th. Liberum Capital restated a “hold” rating on shares of Rolls-Royce Holding PLC in a research report on Tuesday, September 6th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 835 ($10.90) price target on shares of Rolls-Royce Holding PLC in a research report on Wednesday, September 14th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 555 ($7.24) price target 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 assigned a hold rating and one has assigned a buy rating to the company. Rolls-Royce Holding PLC presently has an average rating of “Hold” and a consensus target price of GBX 604.42 ($7.89).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 737.50 on Monday. Rolls-Royce Holding PLC has a 12 month low of GBX 497.00 and a 12 month high of GBX 875.50. The company’s 50 day moving average price is GBX 756.32 and its 200 day moving average price is GBX 698.06. The company’s market cap is GBX 13.51 billion.
In related news, insider Cairnie ,Ruth purchased 254 shares of the company’s stock in a transaction dated Monday, August 8th. The shares were purchased at an average cost of GBX 764 ($9.97) per share, with a total value of £1,940.56 ($2,533.04). Also, insider Smith,David purchased 6,116 shares of the company’s stock in a transaction dated Thursday, July 28th. The stock was bought at an average cost of GBX 818 ($10.68) per share, for a total transaction of £50,028.88 ($65,303.33).
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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