Rolls-Royce Holding PLC (LON:RR) Earns Buy Rating from Goldman Sachs Group
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.
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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