Rolls-Royce Holding PLC (RR) Given Hold Rating at Liberum Capital

rolls-royce-holding-plc-rr-given-hold-rating-at-liberum-capital.jpg

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.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/rolls-royce-holding-plc-rr-given-hold-rating-at-liberum-capital.html

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.

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.

Be the first to comment on "Rolls-Royce Holding PLC (RR) Given Hold Rating at Liberum Capital"

Leave a comment

Your email address will not be published.

*