Rolls-Royce Holding PLC (LON:RR) had its target price raised by Berenberg Bank from GBX 770 ($10.03) to GBX 990 ($12.89) in a research report report published on Wednesday. Berenberg Bank currently has a hold rating on the stock.
Several other research firms have also commented on RR. Barclays PLC reissued an underweight rating on shares of Rolls-Royce Holding PLC in a research report on Tuesday, July 18th. Citigroup Inc. reissued a buy rating and set a GBX 1,137 ($14.81) price target on shares of Rolls-Royce Holding PLC in a research report on Tuesday, August 1st. Credit Suisse Group reissued an underperform rating and set a GBX 665 ($8.66) price target on shares of Rolls-Royce Holding PLC in a research report on Tuesday, July 11th. Liberum Capital reissued a hold rating on shares of Rolls-Royce Holding PLC in a research report on Friday, June 16th. Finally, J P Morgan Chase & Co reissued a neutral rating and set a GBX 740 ($9.64) price target on shares of Rolls-Royce Holding PLC in a research report on Friday, April 21st. Seven investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Rolls-Royce Holding PLC currently has a consensus rating of Hold and an average price target of GBX 774.93 ($10.09).
Shares of Rolls-Royce Holding PLC (LON:RR) opened at 910.00 on Wednesday. The company has a 50-day moving average of GBX 925.17 and a 200 day moving average of GBX 829.71. Rolls-Royce Holding PLC has a one year low of GBX 635.00 and a one year high of GBX 994.50. The firm’s market cap is GBX 16.69 billion.
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In other news, insider Lee Hsien Yang purchased 107 shares of the stock in a transaction dated Friday, July 7th. The stock was acquired at an average cost of GBX 919 ($11.97) per share, for a total transaction of £983.33 ($1,280.54). Also, insider Kevin Smith purchased 295 shares of the stock in a transaction dated Wednesday, June 7th. The stock was purchased at an average price of GBX 897 ($11.68) per share, with a total value of £2,646.15 ($3,445.96). Insiders bought a total of 504 shares of company stock valued at $461,480 over the last quarter.
Rolls-Royce Holding PLC Company Profile
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