Rolls-Royce Holdings’s “Buy” Rating Reaffirmed at Liberum Capital (RR)
Rolls-Royce Holdings (LON:RR)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 1,340 ($20.95) target price on the stock. Liberum Capital’s price target indicates a potential upside of 19.11% from the stock’s previous close.
Shares of Rolls-Royce Holdings (LON:RR) traded up 0.98% during mid-day trading on Thursday, hitting GBX 1136.00. 2,528,671 shares of the company’s stock traded hands. The stock’s 50-day moving average is GBX 1152.43 and its 200-day moving average is GBX 1144.. The company’s market cap is £21.164 billion.
A number of other analysts have also recently weighed in on RR. Analysts at AlphaValue reiterated a “sell” rating on shares of Rolls-Royce Holdings (LON:RR) in a research note to investors on Thursday, August 22nd. They now have a GBX 998 ($15.60) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Rolls-Royce Holdings (LON:RR) in a research note to investors on Tuesday, August 20th. They now have a GBX 1,365 ($21.34) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Rolls-Royce Holdings (LON:RR) in a research note to investors on Monday, July 29th. They now have a GBX 1,340 ($20.95) price target on the stock.
Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,173.98 ($18.35).
Rolls-Royce Holdings plc, formerly Rolls-Royce Group plc is a provider of power systems and services for use on land, at sea and in the air.
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