Shares of Rolls-Royce Holding PLC (LON:RR) have been assigned an average recommendation of “Hold” from the fourteen brokerages that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 811 ($10.70).

RR has been the topic of a number of recent analyst reports. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 1,137 ($15.00) price target on shares of Rolls-Royce Holding PLC in a research note on Friday, July 21st. Jefferies Group LLC increased their price target on shares of Rolls-Royce Holding PLC from GBX 900 ($11.88) to GBX 1,100 ($14.52) and gave the stock a “buy” rating in a research note on Wednesday, July 5th. Liberum Capital reaffirmed a “hold” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday, August 1st. Berenberg Bank increased their price target on shares of Rolls-Royce Holding PLC from GBX 770 ($10.16) to GBX 990 ($13.06) and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 950 ($12.54) price target on shares of Rolls-Royce Holding PLC in a research note on Monday, July 24th.

In other Rolls-Royce Holding PLC news, insider Beverly Goulet bought 4,250 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were acquired at an average price of GBX 885 ($11.68) per share, with a total value of £37,612.50 ($49,633.81). Also, insider Lee Hsien Yang bought 108 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was acquired at an average cost of GBX 915 ($12.07) per share, for a total transaction of £988.20 ($1,304.04). In the last three months, insiders bought 4,758 shares of company stock worth $4,222,630.

TRADEMARK VIOLATION NOTICE: “Rolls-Royce Holding PLC (RR) Given Consensus Rating of “Hold” by Brokerages” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/01/rolls-royce-holding-plc-rr-given-consensus-rating-of-hold-by-brokerages.html.

About Rolls-Royce Holding PLC

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

Receive News & Ratings for Rolls-Royce Holding PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holding PLC and related companies with MarketBeat.com's FREE daily email newsletter.