Rolls-Royce Holdings Rating Reiterated by JPMorgan Chase & Co. (RR)
Rolls-Royce Holdings (LON:RR)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, AnalystRatings.Net reports. They currently have a GBX 1,460 ($23.95) price target on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 17.84% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald Europe 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 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. Finally, 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). Three research 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) opened at 1239.00 on Friday. Rolls-Royce Holdings has a 52-week low of GBX 887.888 and a 52-week high of GBX 1294.00. The stock has a 50-day moving average of GBX 1238.18 and a 200-day moving average of GBX 1174.. The company’s market cap is £23.083 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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