JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Rolls-Royce Holding PLC (LON:RR) in a research report report published on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also weighed in on RR. Goldman Sachs Group restated a buy rating on shares of Rolls-Royce Holding PLC in a research report on Tuesday. Credit Suisse Group reaffirmed an outperform rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, August 8th. UBS Group reaffirmed a buy rating and set a GBX 1,160 ($15.16) price target on shares of Rolls-Royce Holding PLC in a research note on Tuesday, August 6th. Morgan Stanley reaffirmed an overweight rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, May 30th. Finally, Berenberg Bank reaffirmed a hold rating on shares of Rolls-Royce Holding PLC in a research note on Wednesday, June 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Buy and an average price target of GBX 1,091.56 ($14.26).
Shares of LON:RR opened at GBX 757.80 ($9.90) on Tuesday. The firm has a fifty day moving average price of GBX 837.76 and a 200 day moving average price of GBX 891.74. Rolls-Royce Holding PLC has a fifty-two week low of GBX 723.40 ($9.45) and a fifty-two week high of GBX 1,047 ($13.68). The firm has a market cap of $14.47 billion and a price-to-earnings ratio of -5.87.
In other news, insider Beverly Goulet bought 5,000 shares of Rolls-Royce Holding PLC stock in a transaction dated Friday, August 9th. The shares were acquired at an average price of GBX 783 ($10.23) per share, with a total value of £39,150 ($51,156.41). Also, insider Ruth Cairnie bought 225 shares of Rolls-Royce Holding PLC stock in a transaction dated Monday, July 8th. The stock was purchased at an average cost of GBX 864 ($11.29) per share, for a total transaction of £1,944 ($2,540.18). In the last ninety days, insiders have purchased 5,694 shares of company stock worth $4,497,022.
Rolls-Royce Holding PLC Company Profile
Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates through four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment manufactures aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.
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