Rolls-Royce Holding PLC Rating Reiterated by Cantor Fitzgerald Europe (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “buy” rating reaffirmed by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Friday, American Banking News reports. They currently have a GBX 1,540 ($25.27) price objective on the stock. Cantor Fitzgerald Europe’s price target points to a potential upside of 47.37% from the company’s current price.
RR has been the subject of a number of other recent research reports. Analysts at RBC Capital cut their price target on shares of Rolls-Royce Holding PLC from GBX 1,430 ($23.46) to GBX 1,190 ($19.52) in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Societe Generale upgraded shares of Rolls-Royce Holding PLC to a “hold” rating in a research note on Friday. They now have a GBX 1,070 ($17.56) price target on the stock, down previously from GBX 1,150 ($18.87). Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Rolls-Royce Holding PLC in a research note on Friday. They now have a GBX 1,090 ($17.88) price target on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,227.86 ($20.15).
Rolls-Royce Holding PLC (LON:RR) traded down 1.91% during mid-day trading on Friday, hitting GBX 1025.00. 14,809,452 shares of the company’s stock traded hands. Rolls-Royce Holding PLC has a 52-week low of GBX 958.00 and a 52-week high of GBX 1294.00. The stock’s 50-day moving average is GBX 1222. and its 200-day moving average is GBX 1177.. The company’s market cap is £19.096 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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