Rolls-Royce Holding PLC (RR) Earns Underperform Rating from Credit Suisse Group AG

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).

Analyst Recommendations for Rolls-Royce Holding PLC (LON:RR)

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.

WARNING: “Rolls-Royce Holding PLC (RR) Earns Underperform Rating from Credit Suisse Group AG” was published by Markets Daily and is owned by of Markets Daily. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this news story can be accessed at https://www.themarketsdaily.com/2017/05/20/rolls-royce-holding-plc-rr-rating-reiterated-by-credit-suisse-group-ag-updated-updated-updated.html.

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

12 Month Chart for LON:RR

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.

Leave a Reply