Shares of Rolls-Royce Holding PLC (LON:RR) have earned an average recommendation of “Hold” from the eleven analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 400.11 ($4.92).
A number of brokerages have issued reports on RR. UBS Group reaffirmed a “neutral” rating on shares of Rolls-Royce Holding PLC in a report on Tuesday, July 14th. Jefferies Financial Group decreased their price target on Rolls-Royce Holding PLC from GBX 700 ($8.61) to GBX 500 ($6.15) and set a “buy” rating for the company in a report on Wednesday. Panmure Gordon raised Rolls-Royce Holding PLC to a “buy” rating and lifted their price target for the stock from GBX 387 ($4.76) to GBX 400 ($4.92) in a report on Thursday, July 16th. Societe Generale downgraded Rolls-Royce Holding PLC to a “sell” rating and decreased their price target for the stock from GBX 700 ($8.61) to GBX 246 ($3.03) in a report on Friday, April 24th. Finally, Goldman Sachs Group reduced their target price on Rolls-Royce Holding PLC from GBX 528 ($6.50) to GBX 509 ($6.26) and set a “buy” rating for the company in a report on Wednesday.
RR opened at GBX 231.60 ($2.85) on Tuesday. Rolls-Royce Holding PLC has a 12 month low of GBX 2.80 ($0.03) and a 12 month high of GBX 899.60 ($11.07). The stock has a market capitalization of $4.47 billion and a price-to-earnings ratio of -3.35. The business has a fifty day moving average price of GBX 287.75 and a 200 day moving average price of GBX 414.78.
In related news, insider Lee Hsien Yang acquired 352 shares of Rolls-Royce Holding PLC stock in a transaction on Tuesday, July 7th. The stock was purchased at an average cost of GBX 279 ($3.43) per share, with a total value of £982.08 ($1,208.57). Insiders bought a total of 965 shares of company stock valued at $294,276 over the last three months.
About Rolls-Royce Holding PLC
Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates through four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment manufactures aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.
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