Goldman Sachs Group reiterated their buy rating on shares of Rolls-Royce Holding PLC (LON:RR) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently issued reports on RR. Deutsche Bank reissued a hold rating on shares of Rolls-Royce Holding PLC in a research note on Monday, May 13th. UBS Group reissued a buy rating and issued a GBX 1,160 ($15.16) price target on shares of Rolls-Royce Holding PLC in a research note on Tuesday, August 6th. Morgan Stanley reissued an overweight rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, May 30th. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 600 ($7.84) price target on shares of Rolls-Royce Holding PLC in a research note on Wednesday, August 7th. Finally, Credit Suisse Group reissued an outperform rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Rolls-Royce Holding PLC currently has a consensus rating of Buy and a consensus price target of GBX 1,091.56 ($14.26).

Rolls-Royce Holding PLC stock opened at GBX 757.80 ($9.90) on Tuesday. The company’s fifty day moving average price is GBX 837.76 and its 200 day moving average price is GBX 891.74. Rolls-Royce Holding PLC has a 1 year low of GBX 723.40 ($9.45) and a 1 year high of GBX 1,047 ($13.68). The stock has a market capitalization of $14.47 billion and a P/E ratio of -5.87.

In other Rolls-Royce Holding PLC news, insider Beverly Goulet bought 5,000 shares of the stock in a transaction on Friday, August 9th. The shares were bought at an average price of GBX 783 ($10.23) per share, with a total value of £39,150 ($51,156.41). Also, insider Ruth Cairnie bought 213 shares of the stock in a transaction on Friday, June 7th. The shares were acquired at an average cost of GBX 910 ($11.89) per share, for a total transaction of £1,938.30 ($2,532.73). In the last ninety days, insiders have acquired 5,694 shares of company stock worth $4,497,022.

Rolls-Royce Holding PLC Company Profile

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

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