Rolls-Royce Holding PLC (LON:RR) Given Consensus Rating of “Hold” by Brokerages
Rolls-Royce Holding PLC (LON:RR) has received a consensus rating of “Hold” from the sixteen ratings firms that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 788.14 ($10.27).
RR has been the subject of a number of analyst reports. Barclays PLC restated an “underweight” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday, July 18th. Citigroup Inc. restated a “buy” rating and set a GBX 920 ($11.99) price objective on shares of Rolls-Royce Holding PLC in a research note on Wednesday, April 5th. Credit Suisse Group restated an “underperform” rating and set a GBX 665 ($8.66) price objective on shares of Rolls-Royce Holding PLC in a research note on Tuesday, July 11th. Liberum Capital reiterated a “hold” rating on shares of Rolls-Royce Holding PLC in a research note on Friday, June 16th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 740 ($9.64) price target on shares of Rolls-Royce Holding PLC in a research note on Friday, April 21st.
In other Rolls-Royce Holding PLC news, insider Kevin Smith purchased 311 shares of the stock in a transaction on Friday, May 5th. The shares were bought at an average price of GBX 848 ($11.05) per share, for a total transaction of £2,637.28 ($3,435.75). Also, insider Lee Hsien Yang purchased 107 shares of the stock in a transaction on Friday, July 7th. The shares were acquired at an average price of GBX 919 ($11.97) per share, for a total transaction of £983.33 ($1,281.04). Over the last ninety days, insiders have purchased 942 shares of company stock worth $820,868.
Shares of Rolls-Royce Holding PLC (RR) traded up 0.33% during trading on Monday, hitting GBX 925.00. The stock had a trading volume of 4,452,663 shares. Rolls-Royce Holding PLC has a 12 month low of GBX 635.00 and a 12 month high of GBX 944.00. The stock has a 50-day moving average price of GBX 911.25 and a 200 day moving average price of GBX 801.07. The company’s market cap is GBX 17.01 billion.
Rolls-Royce Holding PLC Company Profile
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