Jefferies Group reissued their buy rating on shares of Rolls-Royce Holding PLC (LON:RR) in a report published on Tuesday. The firm currently has a GBX 900 ($10.86) target price on the stock.
Other analysts have also recently issued reports about the stock. Liberum Capital restated a hold rating and set a GBX 560 ($6.76) target price on shares of Rolls-Royce Holding PLC in a report on Tuesday. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 890 ($10.74) price objective on shares of Rolls-Royce Holding PLC in a research note on Monday, November 14th. Kepler Capital Markets reaffirmed a reduce rating and issued a GBX 570 ($6.88) price objective on shares of Rolls-Royce Holding PLC in a research note on Tuesday. Barclays PLC reaffirmed an underweight rating and issued a GBX 480 ($5.79) price objective on shares of Rolls-Royce Holding PLC in a research note on Tuesday, November 8th. Finally, Societe Generale reaffirmed a sell rating and issued a GBX 640 ($7.72) price objective on shares of Rolls-Royce Holding PLC in a research note on Friday, November 11th. Nine analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 629.30 ($7.59).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 696.50 on Tuesday. The company has a 50-day moving average price of GBX 672.15 and a 200 day moving average price of GBX 725.32. The firm’s market capitalization is GBX 12.76 billion. Rolls-Royce Holding PLC has a one year low of GBX 497.00 and a one year high of GBX 875.50.
In related news, insider Frank Chapman purchased 613 shares of the firm’s stock in a transaction on Monday, January 9th. The shares were bought at an average cost of GBX 646 ($7.79) per share, for a total transaction of £3,959.98 ($4,777.39). Insiders acquired a total of 681 shares of company stock worth $443,723 over the last 90 days.
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.