Liberum Capital Reaffirms “Hold” Rating for Rolls-Royce Holding PLC (RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “hold” rating restated by stock analysts at Liberum Capital in a note issued to investors on Thursday.
A number of other equities analysts have also weighed in on the stock. Panmure Gordon reaffirmed a “sell” rating and issued a GBX 500 ($6.53) target price on shares of Rolls-Royce Holding PLC in a research note on Tuesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 835 ($10.90) target price on shares of Rolls-Royce Holding PLC in a research note on Wednesday, September 14th. Credit Suisse Group AG reduced their target price on shares of Rolls-Royce Holding PLC from GBX 610 ($7.96) to GBX 595 ($7.77) and set an “underperform” rating for the company in a research note on Monday, September 12th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 743 ($9.70) target price on shares of Rolls-Royce Holding PLC in a research note on Sunday, September 11th. Finally, Barclays PLC reaffirmed an “underweight” rating and issued a GBX 480 ($6.27) target price on shares of Rolls-Royce Holding PLC in a research note on Tuesday, September 6th. Eight investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 604.42 ($7.89).
Rolls-Royce Holding PLC (LON:RR) opened at 734.00 on Thursday. The company’s market capitalization is GBX 13.45 billion. Rolls-Royce Holding PLC has a 1-year low of GBX 497.00 and a 1-year high of GBX 875.50. The stock has a 50 day moving average price of GBX 764.88 and a 200-day moving average price of GBX 697.10.
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In other news, insider Cairnie ,Ruth acquired 254 shares of the company’s stock in a transaction on Monday, August 8th. The stock was bought at an average cost of GBX 764 ($9.97) per share, with a total value of £1,940.56 ($2,533.04). Also, insider Smith,David acquired 6,116 shares of the company’s stock in a transaction on Thursday, July 28th. The shares were purchased at an average cost of GBX 818 ($10.68) per share, with a total value of £50,028.88 ($65,303.33).
Rolls-Royce Holding PLC Company Profile
Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions. The Company operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. Its civil aerospace business is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services.
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