Rolls-Royce Holding PLC (LON:RR) Price Target Increased to GBX 570 by Analysts at Deutsche Bank AG

Rolls-Royce Holding PLC (LON:RR) had its price objective upped by Deutsche Bank AG from GBX 525 ($6.86) to GBX 570 ($7.44) in a report published on Friday morning. They currently have a sell rating on the stock.

Other analysts have also issued research reports about the stock. Berenberg Bank reiterated a hold rating and set a GBX 770 ($10.05) price objective on shares of Rolls-Royce Holding PLC in a research note on Tuesday, May 23rd. Liberum Capital reiterated a hold rating and set a GBX 670 ($8.75) price objective on shares of Rolls-Royce Holding PLC in a research note on Thursday, May 4th. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 780 ($10.19) price objective on shares of Rolls-Royce Holding PLC in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) lifted their price objective on shares of Rolls-Royce Holding PLC from GBX 1,030 ($13.45) to GBX 1,037 ($13.54) and gave the company a conviction-buy rating in a research note on Friday, May 5th. Finally, Jefferies Group LLC lifted their price objective on shares of Rolls-Royce Holding PLC from GBX 900 ($11.75) to GBX 1,100 ($14.36) and gave the company a buy rating in a research note on Wednesday, July 5th. Seven analysts have rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 733.69 ($9.58).

Rolls-Royce Holding PLC (LON RR) traded up 0.16% during midday trading on Friday, hitting GBX 916.00. 3,784,320 shares of the stock were exchanged. The firm has a 50 day moving average of GBX 887.69 and a 200-day moving average of GBX 775.63. The stock’s market cap is GBX 16.84 billion. Rolls-Royce Holding PLC has a 12-month low of GBX 635.00 and a 12-month high of GBX 944.00.

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In related news, insider Lee Hsien Yang acquired 107 shares of the business’s stock in a transaction that occurred on Friday, July 7th. The shares were acquired at an average cost of GBX 919 ($12.00) per share, for a total transaction of £983.33 ($1,284.06). Also, insider Kevin Smith acquired 311 shares of the business’s stock in a transaction that occurred on Friday, May 5th. The shares were bought at an average price of GBX 848 ($11.07) per share, for a total transaction of £2,637.28 ($3,443.82). In the last three months, insiders have bought 942 shares of company stock valued at $820,868.

Rolls-Royce Holding PLC Company Profile

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