Rolls-Royce Holdings’s Buy Rating Reaffirmed at Jefferies Group (RR)
Rolls-Royce Holdings (LON:RR)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Friday, StockRatingsNetwork reports. They currently have a GBX 1,400 ($23.07) price objective on the stock. Jefferies Group’s target price suggests a potential upside of 17.94% from the company’s current price.
Rolls-Royce Holdings (LON:RR) opened at 1187.00 on Friday. Rolls-Royce Holdings has a 52 week low of GBX 958.00 and a 52 week high of GBX 1294.00. The stock has a 50-day moving average of GBX 1238.56 and a 200-day moving average of GBX 1179.. The company’s market cap is £22.114 billion.
A number of other firms have also recently commented on RR. Analysts at Liberum Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings in a research note to investors on Friday. They now have a GBX 1,340 ($22.08) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Rolls-Royce Holdings in a research note to investors on Wednesday. They now have a GBX 1,350 ($22.24) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research raised their price target on shares of Rolls-Royce Holdings from GBX 1,100 ($18.12) to GBX 1,250 ($20.60) in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,243.97 ($20.50).
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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