Rolls-Royce Holding PLC Given “Buy” Rating at Cantor Fitzgerald Europe (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “buy” rating reiterated by research analysts at Cantor Fitzgerald Europe in a report released on Thursday, Analyst RN reports. They currently have a GBX 1,440 ($23.95) price target on the stock. Cantor Fitzgerald Europe’s price target indicates a potential upside of 49.77% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. downgraded shares of Rolls-Royce Holding PLC to a “neutral” rating in a research note on Tuesday, February 18th. They now have a GBX 1,070 ($17.79) price target on the stock, down previously from GBX 1,280 ($21.29). Separately, analysts at RBC Capital cut their price target on shares of Rolls-Royce Holding PLC from GBX 1,430 ($23.78) to GBX 1,190 ($19.79) in a research note on Friday, February 14th. They now have an “outperform” rating on the stock. Finally, analysts at Societe Generale upgraded shares of Rolls-Royce Holding PLC to a “hold” rating in a research note on Friday, February 14th. They now have a GBX 1,070 ($17.79) price target on the stock, down previously from GBX 1,150 ($19.13). Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. Rolls-Royce Holding PLC currently has an average rating of “Hold” and a consensus price target of GBX 1,210.63 ($20.13).
Shares of Rolls-Royce Holding PLC (LON:RR) traded up 3.22% during mid-day trading on Thursday, hitting GBX 992.50. 11,100,484 shares of the company’s stock traded hands. Rolls-Royce Holding PLC has a 52-week low of GBX 976.00 and a 52-week high of GBX 1294.00. The stock’s 50-day moving average is GBX 1160. and its 200-day moving average is GBX 1166.. The company’s market cap is £18.550 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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