Barclays PLC Reaffirms “Underweight” Rating for Rolls-Royce Holding PLC (LON:RR)
Rolls-Royce Holding PLC (LON:RR)‘s stock had its “underweight” rating reiterated by analysts at Barclays PLC in a research note issued to investors on Tuesday.
Several other analysts have also recently commented on RR. Citigroup Inc. reiterated a “buy” rating and set a GBX 920 ($12.01) price target on shares of Rolls-Royce Holding PLC in a research report on Wednesday, April 5th. Credit Suisse Group reiterated an “underperform” rating and set a GBX 665 ($8.68) price target on shares of Rolls-Royce Holding PLC in a research report on Tuesday, July 11th. Liberum Capital reiterated a “hold” rating on shares of Rolls-Royce Holding PLC in a research report on Friday, June 16th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 740 ($9.66) price target on shares of Rolls-Royce Holding PLC in a research report on Friday, April 21st. Finally, Deutsche Bank AG boosted their price target on Rolls-Royce Holding PLC from GBX 525 ($6.86) to GBX 570 ($7.44) and gave the stock a “sell” rating in a research report on Friday. Seven research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 733.69 ($9.58).
Shares of Rolls-Royce Holding PLC (LON RR) opened at 916.00 on Tuesday. The company has a 50-day moving average of GBX 887.69 and a 200 day moving average of GBX 775.63. Rolls-Royce Holding PLC has a 12-month low of GBX 635.00 and a 12-month high of GBX 944.00. The stock’s market capitalization is GBX 16.84 billion.
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In other Rolls-Royce Holding PLC news, insider Ruth Cairnie purchased 229 shares of the firm’s stock in a transaction dated Monday, May 8th. The shares were acquired at an average price of GBX 848 ($11.07) per share, with a total value of £1,941.92 ($2,535.81). Also, insider Kevin Smith purchased 311 shares of the firm’s stock in a transaction dated Friday, May 5th. The stock was acquired at an average cost of GBX 848 ($11.07) per share, for a total transaction of £2,637.28 ($3,443.82). 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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