Rolls-Royce Holding PLC Rating Reiterated by RBC Capital (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “outperform” rating reaffirmed by research analysts at RBC Capital in a report released on Friday. They currently have a GBX 1,180 ($19.58) price objective on the stock. RBC Capital’s price target points to a potential upside of 15.57% from the stock’s previous close.
Rolls-Royce Holding PLC (LON:RR) opened at 1025.00 on Friday. 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 1038. and its 200-day moving average is GBX 1038.. The company’s market cap is £19.188 billion.
RR has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Rolls-Royce Holding PLC in a research note on Friday, August 22nd. They now have a GBX 1,400 ($23.23) price target on the stock. Separately, analysts at Westhouse Securities cut their price target on shares of Rolls-Royce Holding PLC from GBX 1,050 ($17.42) to GBX 1,040 ($17.26) in a research note on Wednesday, August 6th. They now have a “neutral” rating on the stock. Finally, 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 ($19.91) price target on the stock. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. Rolls-Royce Holding PLC currently has a consensus rating of “Hold” and an average price target of GBX 1,147.62 ($19.04).
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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