Several other analysts have also commented on RR. JPMorgan Chase & Co. raised their price target on shares of Rolls-Royce Holding PLC from GBX 475 ($6.25) to GBX 485 ($6.38) and gave the company an underweight rating in a research report on Wednesday, February 5th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 1,170 ($15.39) price objective on shares of Rolls-Royce Holding PLC in a report on Tuesday, January 28th. Jefferies Financial Group reaffirmed a buy rating and set a GBX 1,100 ($14.47) price objective on shares of Rolls-Royce Holding PLC in a report on Friday, January 10th. UBS Group reaffirmed a buy rating and set a GBX 938 ($12.34) price objective (down from GBX 950 ($12.50)) on shares of Rolls-Royce Holding PLC in a report on Tuesday, December 10th. Finally, Investec raised shares of Rolls-Royce Holding PLC to a hold rating in a report on Monday, October 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 920.78 ($12.11).
RR stock opened at GBX 667.40 ($8.78) on Tuesday. The firm has a market cap of $12.89 billion and a PE ratio of -5.33. The firm’s fifty day moving average is GBX 677.11 and its 200 day moving average is GBX 734.53. Rolls-Royce Holding PLC has a one year low of GBX 619.74 ($8.15) and a one year high of GBX 1,003.50 ($13.20).
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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