Rolls-Royce Holdings Rating Reiterated by Seymour Pierce (RR)
Rolls-Royce Holdings (LON:RR)‘s stock had its “buy” rating reaffirmed by research analysts at Seymour Pierce in a report released on Thursday, AnalystRatings.NET reports. They currently have a GBX 1,350 ($22.14) price target on the stock. Seymour Pierce’s price objective would indicate a potential upside of 4.98% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Rolls-Royce Holdings in a research note to investors on Thursday. They now have a GBX 1,350 ($22.14) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research upgraded shares of Rolls-Royce Holdings to a “neutral” rating in a research note to investors on Monday, December 16th. They now have a GBX 1,100 ($18.04) price target on the stock, up previously from GBX 950 ($15.58). Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Rolls-Royce Holdings in a research note to investors on Monday, December 9th. They now have a GBX 1,400 ($22.96) price target on the stock. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,213.39 ($19.90).
Shares of Rolls-Royce Holdings (LON:RR) traded down 2.95% during mid-day trading on Thursday, hitting GBX 1248.00. The stock had a trading volume of 5,368,631 shares. Rolls-Royce Holdings has a one year low of GBX 493.098 and a one year high of GBX 1294.00. The stock has a 50-day moving average of GBX 1236. and a 200-day moving average of GBX 1172.. The company’s market cap is £23.250 billion.
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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