Rolls-Royce (RR) Shares Down 0%

Rolls-Royce Holding PLC (LON:RR)’s share price dropped 0% during mid-day trading on Tuesday . The stock traded as low as GBX 860 ($11.66) and last traded at GBX 866.80 ($11.75). Approximately 2,270,000 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 3,630,000 shares. The stock had previously closed at GBX 866.80 ($11.75).

Several equities research analysts have recently weighed in on the stock. Citigroup reiterated a “buy” rating and set a GBX 1,090 ($14.78) target price on shares of Rolls-Royce in a research note on Friday, September 15th. Credit Suisse Group reiterated an “underperform” rating on shares of Rolls-Royce in a research note on Tuesday, October 24th. Goldman Sachs Group reiterated a “conviction-buy” rating and set a GBX 1,208 ($16.38) target price on shares of Rolls-Royce in a research note on Friday, November 24th. Liberum Capital reiterated a “hold” rating on shares of Rolls-Royce in a research note on Thursday, November 9th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 950 ($12.88) target price on shares of Rolls-Royce in a research note on Tuesday, November 28th. Five analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 842.33 ($11.42).

The company has a market capitalization of $15,540.00 and a price-to-earnings ratio of -2,282.16.

In other Rolls-Royce news, insider Ruth Cairnie acquired 224 shares of the company’s stock in a transaction dated Monday, January 8th. The stock was acquired at an average cost of GBX 866 ($11.74) per share, with a total value of £1,939.84 ($2,630.65). Also, insider Ian Davis acquired 11,922 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were acquired at an average cost of GBX 832 ($11.28) per share, with a total value of £99,191.04 ($134,514.56). Over the last ninety days, insiders acquired 12,364 shares of company stock valued at $10,310,061.

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Rolls-Royce Company Profile

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