Rolls-Royce Holding PLC (LON:RR) was down 0% during mid-day trading on Thursday . The stock traded as low as GBX 881.20 ($11.95) and last traded at GBX 883.40 ($11.98). Approximately 3,545,409 shares were traded during trading, an increase of 6% from the average daily volume of 3,330,000 shares. The stock had previously closed at GBX 883.40 ($11.98).
Several equities research analysts have issued reports on RR shares. Credit Suisse Group reiterated an “underperform” rating on shares of Rolls-Royce in a research note on Tuesday, October 24th. Barclays boosted their price objective on shares of Rolls-Royce from GBX 600 ($8.14) to GBX 670 ($9.09) and gave the stock an “underweight” rating in a research note on Wednesday, November 8th. Liberum Capital restated a “hold” rating on shares of Rolls-Royce in a research note on Thursday, November 9th. Goldman Sachs Group restated a “conviction-buy” rating and issued a GBX 1,208 ($16.38) target price on shares of Rolls-Royce in a research note on Friday, November 24th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 950 ($12.88) target price on shares of Rolls-Royce in a research note on Tuesday, November 28th. Five analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. Rolls-Royce currently has an average rating of “Hold” and an average target price of GBX 861.50 ($11.68).
The firm has a market capitalization of $16,260.00 and a P/E ratio of -2,387.57.
In other Rolls-Royce news, insider Stephen Daintith sold 55,509 shares of the stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of GBX 961 ($13.03), for a total transaction of £533,441.49 ($723,408.58). Also, insider Lee Hsien Yang bought 101 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were acquired at an average cost of GBX 976 ($13.24) per share, for a total transaction of £985.76 ($1,336.80). Insiders have acquired a total of 12,364 shares of company stock worth $10,310,061 over the last quarter.
TRADEMARK VIOLATION NOTICE: “Rolls-Royce (RR) Trading Down 0%” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/01/18/rolls-royce-rr-trading-down-0.html.
Rolls-Royce Company Profile
Rolls-Royce Holdings plc is a United Kingdom-based engineering company. The Company is focused on power and propulsion systems. Its segments include Civil Aerospace, which is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services; Defence Aerospace, which is engaged in the development, manufacture, marketing and sales of military aero engines and aftermarket services, and caters to sectors, including combat aircraft, trainer aircraft and helicopters; Power Systems, which is engaged in the development, manufacture, marketing and sales of reciprocating engines and power systems; Marine, which is engaged in the development, manufacture, marketing and sales of marine-power propulsion systems and aftermarket services, operating in offshore, merchant and naval markets, and Nuclear, which is engaged in the development, manufacture, marketing and sales of nuclear systems for civil power generation and naval propulsion systems.
Receive News & Ratings for Rolls-Royce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce and related companies with MarketBeat.com's FREE daily email newsletter.