Rolls-Royce Holding PLC (LON:RR)‘s stock had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co in a report issued on Thursday. They currently have a GBX 780 ($9.94) price target on the stock. J P Morgan Chase & Co’s target price would suggest a potential downside of 17.20% from the company’s current price.

Several other equities research analysts also recently issued reports on the company. Goldman Sachs Group, Inc. (The) upped their price target on Rolls-Royce Holding PLC from GBX 1,030 ($13.12) to GBX 1,037 ($13.21) and gave the stock a “conviction-buy” rating in a report on Friday, May 5th. Deutsche Bank AG decreased their price target on Rolls-Royce Holding PLC from GBX 540 ($6.88) to GBX 525 ($6.69) and set a “sell” rating for the company in a report on Thursday, May 18th. Citigroup Inc. reiterated a “buy” rating and set a GBX 912 ($11.62) price target on shares of Rolls-Royce Holding PLC in a report on Friday, May 5th. Berenberg Bank upped their price target on Rolls-Royce Holding PLC from GBX 710 ($9.05) to GBX 770 ($9.81) and gave the stock a “hold” rating in a report on Friday, March 10th. Finally, Barclays PLC reiterated an “underweight” rating and set a GBX 480 ($6.12) price target on shares of Rolls-Royce Holding PLC in a report on Monday, March 20th. Seven analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 699.27 ($8.91).

Analyst Recommendations for Rolls-Royce Holding PLC (LON:RR)

Shares of Rolls-Royce Holding PLC (LON:RR) opened at 942.00 on Thursday. The firm’s market cap is GBX 17.32 billion. Rolls-Royce Holding PLC has a 12-month low of GBX 606.00 and a 12-month high of GBX 942.50. The stock has a 50 day moving average price of GBX 874.19 and a 200 day moving average price of GBX 764.63.

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In other news, insider Kevin Smith purchased 335 shares of the company’s stock in a transaction dated Friday, April 7th. The shares were purchased at an average price of GBX 788 ($10.04) per share, with a total value of £2,639.80 ($3,363.23). Also, insider Ruth Cairnie purchased 229 shares of the company’s stock in a transaction dated Monday, May 8th. The shares were purchased at an average cost of GBX 848 ($10.80) per share, for a total transaction of £1,941.92 ($2,474.10). Insiders have bought a total of 1,170 shares of company stock worth $986,515 in the last ninety days.

About Rolls-Royce Holding PLC

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