Rolls-Royce Holdings Receives “Buy” Rating from Jefferies Group (RR)
Rolls-Royce Holdings (LON:RR)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 1,400 ($22.97) price objective on the stock. Jefferies Group’s price objective would indicate a potential upside of 16.18% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rolls-Royce Holdings in a research note on Friday. They now have a GBX 1,520 ($24.94) price target on the stock. Separately, analysts at European Securities Network upgraded shares of Rolls-Royce Holdings to a “hold” rating in a research note on Monday, February 3rd. They now have a GBX 1,200 ($19.69) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings in a research note on Friday, January 31st. They now have a GBX 1,340 ($21.99) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the company. Rolls-Royce Holdings currently has a consensus rating of “Hold” and an average price target of GBX 1,241.65 ($20.37).
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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