Rolls-Royce Holding PLC (LON:RR)‘s stock had its “hold” rating reissued by Liberum Capital in a note issued to investors on Thursday.
A number of other research analysts also recently issued reports on the company. Panmure Gordon reiterated a “sell” rating and set a GBX 500 ($6.53) price objective on shares of Rolls-Royce Holding PLC in a research note on Wednesday, July 13th. JPMorgan Chase & Co. boosted their price objective on Rolls-Royce Holding PLC from GBX 730 ($9.53) to GBX 835 ($10.90) and gave the company a “neutral” rating in a research note on Thursday, August 11th. Jefferies Group reiterated a “buy” rating and set a GBX 800 ($10.44) price objective on shares of Rolls-Royce Holding PLC in a research note on Monday, July 4th. Deutsche Bank AG reiterated a “sell” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday, August 16th. Finally, Credit Suisse Group AG boosted their price objective on Rolls-Royce Holding PLC from GBX 590 ($7.70) to GBX 610 ($7.96) and gave the company an “underperform” rating in a research note on Friday, July 29th. Eight investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 604.42 ($7.89).
Shares of Rolls-Royce Holding PLC (LON:RR) traded up 0.96% on Thursday, reaching GBX 733.00. 3,931,025 shares of the company’s stock were exchanged. The company has a 50 day moving average price of GBX 764.14 and a 200 day moving average price of GBX 697.35. Rolls-Royce Holding PLC has a one year low of GBX 497.00 and a one year high of GBX 875.50. The firm’s market cap is GBX 13.43 billion.
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In other news, insider Smith,David purchased 6,116 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were acquired at an average price of GBX 818 ($10.68) per share, with a total value of £50,028.88 ($65,303.33). Also, insider Cairnie ,Ruth purchased 254 shares of the company’s stock in a transaction dated Monday, August 8th. The shares were purchased at an average cost of GBX 764 ($9.97) per share, for a total transaction of £1,940.56 ($2,533.04).
Rolls-Royce Holding PLC Company Profile
Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions. The Company operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. Its civil aerospace business is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services.
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