Rolls-Royce Holdings plc (RR) Rating Reiterated by Goldman Sachs Group Inc

Goldman Sachs Group Inc reiterated their conviction-buy rating on shares of Rolls-Royce Holdings plc (LON:RR) in a research note published on Friday morning. The brokerage currently has a GBX 1,208 ($16.10) price target on the stock.

Several other equities analysts have also weighed in on the stock. Citigroup Inc. reissued a buy rating and issued a GBX 1,090 ($14.53) price objective on shares of Rolls-Royce in a research report on Friday, September 15th. Credit Suisse Group reissued an underperform rating on shares of Rolls-Royce in a research report on Tuesday, October 24th. Liberum Capital reissued a hold rating on shares of Rolls-Royce in a research report on Thursday, November 9th. Barclays PLC increased their price objective on shares of Rolls-Royce from GBX 600 ($8.00) to GBX 670 ($8.93) and gave the company an underweight rating in a research report on Wednesday, November 8th. Finally, Deutsche Bank AG reaffirmed a sell rating and set a GBX 570 ($7.60) price target on shares of Rolls-Royce in a research report on Wednesday, August 2nd. Five analysts have rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Rolls-Royce currently has an average rating of Hold and a consensus price target of GBX 840.67 ($11.21).

Rolls-Royce (LON:RR) opened at GBX 882.50 ($11.77) on Friday. Rolls-Royce has a 1 year low of GBX 635 ($8.47) and a 1 year high of GBX 994.50 ($13.26).

In other Rolls-Royce news, insider Stephen Daintith sold 55,509 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of GBX 961 ($12.81), for a total transaction of £533,441.49 ($711,160.50). Also, insider Lee Hsien Yang acquired 101 shares of Rolls-Royce stock in a transaction on Tuesday, November 7th. The shares were purchased at an average price of GBX 976 ($13.01) per share, for a total transaction of £985.76 ($1,314.17). Insiders have acquired 4,757 shares of company stock worth $4,222,674 over the last quarter.

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Analyst Recommendations for Rolls-Royce (LON:RR)

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