Rolls-Royce Holding PLC Rating Reiterated by Liberum Capital (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Friday, ARN reports.
Rolls-Royce Holding PLC (LON:RR) traded down 2.15% on Friday, hitting GBX 1001.00. The stock had a trading volume of 4,594,475 shares. Rolls-Royce Holding PLC has a 52 week low of GBX 952.0001 and a 52 week high of GBX 1294.00. The stock has a 50-day moving average of GBX 1044.31 and a 200-day moving average of GBX 1134.. The company’s market cap is £18.822 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays downgraded shares of Rolls-Royce Holding PLC to an “underweight” rating in a research note on Friday, May 9th. They now have a GBX 930 ($15.66) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, May 8th. They now have a GBX 1,260 ($21.22) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Rolls-Royce Holding PLC from GBX 1,350 ($22.74) to GBX 1,300 ($21.90) in a research note on Thursday, May 8th. They now have an “overweight” rating on the stock. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the stock. Rolls-Royce Holding PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 1,109.28 ($18.68).
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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