Rolls-Royce Holding PLC Stock Rating Reaffirmed by Citigroup Inc. (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “neutral” rating restated by stock analysts at Citigroup Inc. in a report issued on Friday. They currently have a GBX 1,050 ($17.82) price target on the stock. Citigroup Inc.’s price target suggests a potential downside of 3.23% from the company’s current price.
A number of other analysts have also recently weighed in on RR. Analysts at Deutsche Bank raised their price target on shares of Rolls-Royce Holding PLC from GBX 860 ($14.60) to GBX 900 ($15.28) in a research note on Friday. They now have a “sell” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rolls-Royce Holding PLC in a research note on Thursday. Finally, analysts at Investec reiterated a “buy” rating on shares of Rolls-Royce Holding PLC in a research note on Thursday. They now have a GBX 1,225 ($20.79) price target on the stock. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 1,099.30 ($18.66).
Rolls-Royce Holding PLC (LON:RR) traded down 0.64% during mid-day trading on Friday, hitting GBX 1085.00. The stock had a trading volume of 12,679,274 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 1029. and a 200-day moving average of GBX 1104.. The company’s market cap is £20.401 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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