Rolls-Royce Holding PLC Rating Reiterated by Barclays (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “underweight” rating restated by analysts at Barclays in a research report issued to clients and investors on Friday. They currently have a GBX 940 ($15.96) price objective on the stock. Barclays’ target price indicates a potential downside of 9.62% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of Rolls-Royce Holding PLC from GBX 900 ($15.28) to GBX 860 ($14.60) in a research note on Friday. They now have a “sell” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday. They now have a GBX 1,260 ($21.40) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Rolls-Royce Holding PLC in a research note on Monday. They now have a GBX 1,050 ($17.83) price target on the stock. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. Rolls-Royce Holding PLC has a consensus rating of “Hold” and a consensus target price of GBX 1,148.12 ($19.50).
Rolls-Royce Holding PLC (LON:RR) opened at 1036.66 on Friday. Rolls-Royce Holding PLC has a one year low of GBX 952.0001 and a one year high of GBX 1294.00. The stock’s 50-day moving average is GBX 1045. and its 200-day moving average is GBX 1065.68. The company’s market cap is £19.492 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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