Rolls-Royce Holding PLC (RR) PT Raised to GBX 570
Rolls-Royce Holding PLC (LON:RR) had its price objective upped by analysts at Deutsche Bank AG from GBX 525 ($6.80) to GBX 570 ($7.38) in a report released on Friday. The firm presently has a “sell” rating on the stock. Deutsche Bank AG’s price target indicates a potential downside of 37.67% from the company’s current price.
Other equities research analysts have also issued research reports about the stock. Citigroup Inc. reiterated a “buy” rating and set a GBX 920 ($11.92) price objective on shares of Rolls-Royce Holding PLC in a report on Tuesday, April 25th. Jefferies Group LLC lifted their price objective on shares of Rolls-Royce Holding PLC from GBX 900 ($11.66) to GBX 1,100 ($14.25) and gave the company a “buy” rating in a report on Wednesday, July 5th. Goldman Sachs Group, Inc. (The) lifted their price objective on shares of Rolls-Royce Holding PLC from GBX 1,030 ($13.34) to GBX 1,037 ($13.43) and gave the company a “conviction-buy” rating in a report on Friday, May 5th. Liberum Capital reiterated a “hold” rating and set a GBX 670 ($8.68) price objective on shares of Rolls-Royce Holding PLC in a report on Thursday, May 4th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 770 ($9.97) price objective on shares of Rolls-Royce Holding PLC in a report on Tuesday, May 23rd. Seven investment analysts have rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 733.69 ($9.50).
Rolls-Royce Holding PLC (LON RR) opened at 914.50 on Friday. The stock’s market cap is GBX 16.82 billion. Rolls-Royce Holding PLC has a 12 month low of GBX 635.00 and a 12 month high of GBX 943.90. The company’s 50 day moving average is GBX 887.69 and its 200 day moving average is GBX 775.63.
In other news, insider Ruth Cairnie acquired 229 shares of the business’s stock in a transaction dated Monday, May 8th. The shares were purchased at an average price of GBX 848 ($10.98) per share, with a total value of £1,941.92 ($2,515.44). Also, insider Kevin Smith acquired 311 shares of the business’s stock in a transaction dated Friday, May 5th. The stock was purchased at an average cost of GBX 848 ($10.98) per share, for a total transaction of £2,637.28 ($3,416.17). In the last ninety days, insiders bought 942 shares of company stock worth $820,868.
Rolls-Royce Holding PLC Company Profile
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