Rolls-Royce Holding PLC Rating Reiterated by Jefferies Group (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “buy” rating restated by research analysts at Jefferies Group in a report released on Wednesday. They currently have a GBX 1,400 ($23.57) price target on the stock. Jefferies Group’s target price would suggest a potential upside of 40.29% from the company’s current price.
A number of other analysts have also recently weighed in on RR. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday. They now have a GBX 890 ($14.98) 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 Friday, May 23rd. They now have a GBX 1,260 ($21.21) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Rolls-Royce Holding PLC in a research note on Friday, May 16th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company. Rolls-Royce Holding PLC presently has an average rating of “Hold” and a consensus target price of GBX 1,098.23 ($18.49).
Shares of Rolls-Royce Holding PLC (LON:RR) traded up 1.19% during mid-day trading on Wednesday, hitting GBX 1009.90. 4,448,099 shares of the company’s stock traded hands. Rolls-Royce Holding PLC has a 1-year low of GBX 952.0001 and a 1-year high of GBX 1294.00. The stock’s 50-day moving average is GBX 1026. and its 200-day moving average is GBX 1125.. The company’s market cap is £18.989 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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