Rolls-Royce Holding PLC (LON:RR)‘s stock had its “underperform” rating restated by equities researchers at Credit Suisse Group AG in a note issued to investors on Wednesday, April 19th. They currently have a GBX 665 ($8.58) target price on the stock. Credit Suisse Group AG’s price objective indicates a potential downside of 21.86% from the company’s previous close.
RR has been the topic of several other research reports. BNP Paribas reiterated an “underperform” rating and issued a GBX 560 ($7.23) target price on shares of Rolls-Royce Holding PLC in a research report on Wednesday, February 15th. Citigroup Inc reiterated a “buy” rating and issued a GBX 935 ($12.07) target price on shares of Rolls-Royce Holding PLC in a research report on Tuesday, February 7th. Liberum Capital reiterated a “hold” rating and issued a GBX 670 ($8.65) target price on shares of Rolls-Royce Holding PLC in a research report on Monday, February 20th. Barclays PLC reissued an “underweight” rating and issued a GBX 480 ($6.20) price target on shares of Rolls-Royce Holding PLC in a research note on Monday, February 6th. Finally, Kepler Capital Markets reissued a “reduce” rating and issued a GBX 570 ($7.36) price target on shares of Rolls-Royce Holding PLC in a research note on Tuesday, January 17th. Seven equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 696.60 ($8.99).
Rolls-Royce Holding PLC (LON:RR) traded up 0.06% during midday trading on Wednesday, reaching GBX 851.00. 8,210,999 shares of the company’s stock were exchanged. Rolls-Royce Holding PLC has a 12-month low of GBX 588.00 and a 12-month high of GBX 895.00. The stock’s market capitalization is GBX 15.65 billion. The stock’s 50-day moving average is GBX 820.46 and its 200-day moving average is GBX 734.16.
In other news, insider Kevin Smith bought 311 shares of Rolls-Royce Holding PLC stock in a transaction on Friday, May 5th. The shares were bought at an average cost of GBX 848 ($10.95) per share, with a total value of £2,637.28 ($3,404.26). Also, insider Ruth Cairnie purchased 255 shares of the company’s stock in a transaction on Tuesday, March 7th. The shares were bought at an average price of GBX 760 ($9.81) per share, with a total value of £1,938 ($2,501.61). Insiders have acquired 1,130 shares of company stock worth $915,700 over the last ninety days.
Rolls-Royce Holding PLC Company Profile
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