Rolls-Royce Holding PLC (LON:RR)‘s stock had its “underweight” rating reissued by research analysts at Barclays PLC in a research report issued on Tuesday. They presently have a GBX 480 ($6.00) price target on the stock. Barclays PLC’s target price would suggest a potential downside of 27.93% from the company’s current price.
A number of other brokerages have also weighed in on RR. Credit Suisse Group AG upped their target price on Rolls-Royce Holding PLC from GBX 590 ($7.37) to GBX 610 ($7.62) and gave the stock an “underperform” rating in a research note on Friday, July 29th. JPMorgan Chase & Co. upped their target price on Rolls-Royce Holding PLC from GBX 730 ($9.12) to GBX 835 ($10.43) and gave the stock a “neutral” rating in a research note on Thursday, August 11th. Deutsche Bank AG restated a “sell” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday, August 16th. Goldman Sachs Group Inc. upped their target price on Rolls-Royce Holding PLC from GBX 718 ($8.97) to GBX 743 ($9.28) and gave the stock a “neutral” rating in a research note on Monday, September 5th. Finally, Liberum Capital restated a “hold” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday, September 6th. Nine analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 637.25 ($7.96).
Shares of Rolls-Royce Holding PLC (LON:RR) traded down 0.97% during trading on Tuesday, reaching GBX 666.00. The company’s stock had a trading volume of 2,103,929 shares. Rolls-Royce Holding PLC has a 52-week low of GBX 497.00 and a 52-week high of GBX 875.50. The stock’s market cap is GBX 12.20 billion. The stock’s 50 day moving average price is GBX 732.68 and its 200-day moving average price is GBX 714.70.
In related news, insider Frank Chapman acquired 509 shares of the stock in a transaction on Friday, October 7th. The stock was acquired at an average price of GBX 778 ($9.72) per share, for a total transaction of £3,960.02 ($4,947.55). Also, insider Cairnie ,Ruth acquired 256 shares of the stock in a transaction on Wednesday, September 7th. The shares were bought at an average price of GBX 757 ($9.46) per share, with a total value of £1,937.92 ($2,421.19).