Rolls-Royce Holding PLC Receives Average Rating of “Hold” from Brokerages (LON:RR)
Rolls-Royce Holding PLC (LON:RR) has been given an average rating of “Hold” by the twenty-four analysts that are covering the company, American Banking News reports. Five investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,151.62 ($19.32).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 1051.00 on Monday. Rolls-Royce Holding PLC has a 52-week low of GBX 952.0001 and a 52-week high of GBX 1294.00. The stock’s 50-day moving average is GBX 1047. and its 200-day moving average is GBX 1052.. The company’s market cap is £19.675 billion.
RR has been the subject of a number of recent research reports. Analysts at Westhouse Securities cut their price target on shares of Rolls-Royce Holding PLC from GBX 1,050 ($17.61) to GBX 1,040 ($17.45) in a research note on Wednesday, August 6th. They now have a “neutral” rating on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Rolls-Royce Holding PLC in a research note on Wednesday, August 6th. They now have a GBX 1,200 ($20.13) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday, August 5th. They now have a GBX 890 ($14.93) price target on the stock.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.