Rolls-Royce Holding PLC (RR) Trading 1.8% Higher

Rolls-Royce Holding PLC (LON:RR) shares traded up 1.8% on Friday . The company traded as high as GBX 962.50 ($12.70) and last traded at GBX 977 ($12.89). 19,165,816 shares traded hands during trading, an increase of Infinity from the average session volume of 0 shares. The stock had previously closed at GBX 960 ($12.67).

A number of research analysts have recently weighed in on the company. Berenberg Bank lifted their price objective on Rolls-Royce Holding PLC from GBX 770 ($10.16) to GBX 990 ($13.06) and gave the company a “hold” rating in a research report on Wednesday, August 9th. Liberum Capital reaffirmed a “hold” rating on shares of Rolls-Royce Holding PLC in a research report on Tuesday, August 1st. Barclays PLC lowered their price objective on Rolls-Royce Holding PLC from GBX 600 ($7.92) to GBX 480 ($6.33) and set an “underweight” rating on the stock in a research report on Monday, August 7th. Deutsche Bank AG lowered their price objective on Rolls-Royce Holding PLC from GBX 570 ($7.52) to GBX 560 ($7.39) and set a “sell” rating on the stock in a research report on Thursday, August 31st. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a GBX 1,137 ($15.00) price objective on shares of Rolls-Royce Holding PLC in a research report on Tuesday, August 1st. Six equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Rolls-Royce Holding PLC has a consensus rating of “Hold” and an average price target of GBX 790.50 ($10.43).

In related news, insider Stephen Daintith sold 55,509 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of GBX 961 ($12.68), for a total transaction of £533,441.49 ($703,934.40). Also, insider Beverly Goulet acquired 4,250 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were acquired at an average price of GBX 885 ($11.68) per share, with a total value of £37,612.50 ($49,633.81). In the last quarter, insiders bought 4,758 shares of company stock valued at $4,222,630.

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Rolls-Royce Holding PLC Company Profile

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