Rolls-Royce Holding PLC (LON:RR)‘s stock had its “reduce” rating reiterated by equities research analysts at Kepler Capital Markets in a research note issued on Tuesday. They presently have a GBX 570 ($6.88) price target on the stock. Kepler Capital Markets’ target price points to a potential downside of 17.81% from the company’s previous close.
RR has been the topic of several other research reports. BNP Paribas reaffirmed an “underperform” rating and set a GBX 530 ($6.39) price target on shares of Rolls-Royce Holding PLC in a report on Thursday, November 17th. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 595 ($7.18) price target on shares of Rolls-Royce Holding PLC in a report on Thursday, November 17th. Deutsche Bank AG lifted their price target on shares of Rolls-Royce Holding PLC from GBX 474 ($5.72) to GBX 475 ($5.73) and gave the company a “sell” rating in a report on Monday, December 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 890 ($10.74) price target on shares of Rolls-Royce Holding PLC in a report on Monday, November 14th. Finally, Jefferies Group lifted their price target on shares of Rolls-Royce Holding PLC from GBX 800 ($9.65) to GBX 900 ($10.86) and gave the company a “buy” rating in a report on Thursday, October 13th. Nine investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 629.30 ($7.59).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 705.50 on Tuesday. Rolls-Royce Holding PLC has a 52 week low of GBX 497.00 and a 52 week high of GBX 875.50. The stock’s market cap is GBX 12.92 billion. The stock has a 50 day moving average of GBX 671.35 and a 200-day moving average of GBX 725.48.
In related news, insider Frank Chapman bought 613 shares of the stock in a transaction dated Monday, January 9th. The stock was purchased at an average cost of GBX 646 ($7.79) per share, with a total value of £3,959.98 ($4,777.39).
About Rolls-Royce Holding PLC
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.