Rolls-Royce Holding PLC (RR) Earns Hold Rating from Liberum Capital

Rolls-Royce Holding PLC (LON:RR)‘s stock had its “hold” rating reissued by investment analysts at Liberum Capital in a report issued on Tuesday. They presently have a GBX 670 ($8.37) price objective on the stock. Liberum Capital’s price objective points to a potential downside of 9.46% from the stock’s current price.

Several other research firms also recently commented on RR. BNP Paribas restated an “underperform” rating and issued a GBX 530 ($6.62) price target on shares of Rolls-Royce Holding PLC in a research note on Thursday, November 17th. Kepler Capital Markets restated a “reduce” rating and issued a GBX 570 ($7.12) price target on shares of Rolls-Royce Holding PLC in a research note on Thursday, November 17th. Citigroup Inc. upgraded shares of Rolls-Royce Holding PLC to a “buy” rating and set a GBX 935 ($11.68) price target for the company in a research note on Friday, November 4th. Credit Suisse Group restated an “underperform” rating and issued a GBX 595 ($7.44) price target on shares of Rolls-Royce Holding PLC in a research note on Thursday, November 17th. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 743 ($9.29) price target on shares of Rolls-Royce Holding PLC in a research note on Wednesday, December 7th. Eight investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 653.11 ($8.16).

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

Shares of Rolls-Royce Holding PLC (LON:RR) opened at 720.50 on Tuesday. The firm’s 50-day moving average price is GBX 680.03 and its 200 day moving average price is GBX 720.78. Rolls-Royce Holding PLC has a 12-month low of GBX 585.00 and a 12-month high of GBX 875.50. The company’s market cap is GBX 13.20 billion.

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In other news, insider Frank Chapman purchased 613 shares of the business’s stock in a transaction that occurred on Monday, January 9th. The stock was purchased at an average cost of GBX 646 ($8.07) per share, with a total value of £3,959.98 ($4,948.74). Also, insider Kevin Smith purchased 377 shares of the business’s stock in a transaction that occurred on Tuesday, February 7th. The shares were purchased at an average cost of GBX 701 ($8.76) per share, with a total value of £2,642.77 ($3,302.64). Insiders have purchased 1,025 shares of company stock valued at $684,075 over the last three months.

Rolls-Royce Holding PLC Company Profile

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.

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