Deutsche Bank AG reaffirmed their sell rating on shares of Rolls-Royce Holding PLC (LON:RR) in a research note published on Thursday. Deutsche Bank AG currently has a GBX 474 ($5.78) target price on the stock.
RR has been the subject of a number of other research reports. Berenberg Bank boosted their price target on Rolls-Royce Holding PLC from GBX 555 ($6.76) to GBX 710 ($8.65) and gave the stock a hold rating in a research report on Monday, August 8th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 730 ($8.90) price target on shares of Rolls-Royce Holding PLC in a research report on Monday, July 18th. Goldman Sachs Group Inc. reduced their price target on Rolls-Royce Holding PLC from GBX 725 ($8.84) to GBX 718 ($8.75) and set a neutral rating for the company in a research report on Tuesday, June 28th. Credit Suisse Group AG reiterated an underperform rating and set a GBX 595 ($7.25) price target on shares of Rolls-Royce Holding PLC in a research report on Monday, October 3rd. Finally, Jefferies Group boosted their price target on Rolls-Royce Holding PLC from GBX 800 ($9.75) to GBX 900 ($10.97) and gave the stock a buy rating in a research report on Thursday, October 13th. Eight investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 612.58 ($7.47).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 762.00 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 company’s 50-day moving average price is GBX 747.70 and its 200-day moving average price is GBX 704.50. The stock’s market cap is GBX 13.96 billion.
In other news, insider Cairnie ,Ruth bought 256 shares of the stock in a transaction on Wednesday, September 7th. The shares were purchased at an average price of GBX 757 ($9.23) per share, for a total transaction of £1,937.92 ($2,361.88). Also, insider Smith,David bought 6,116 shares of the stock in a transaction on Thursday, July 28th. The stock was purchased at an average price of GBX 818 ($9.97) per share, for a total transaction of £50,028.88 ($60,973.65).
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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