Rolls-Royce Holding PLC (RR) Receives GBX 683.13 Consensus Price Target from Analysts

Shares of Rolls-Royce Holding PLC (LON:RR) have been given a consensus rating of “Hold” by the fifteen analysts that are covering the firm. Seven research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 700.33 ($8.81).

RR has been the subject of several research reports. JPMorgan Chase & Co. decreased their price target on shares of Rolls-Royce Holding PLC from GBX 890 ($11.20) to GBX 730 ($9.19) and set a “neutral” rating for the company in a report on Thursday, January 5th. Liberum Capital reiterated a “hold” rating and issued a GBX 670 ($8.43) target price (up from GBX 560 ($7.05)) on shares of Rolls-Royce Holding PLC in a research note on Tuesday, January 17th. Berenberg Bank lifted their target price on shares of Rolls-Royce Holding PLC from GBX 710 ($8.94) to GBX 770 ($9.69) and gave the company a “hold” rating in a research note on Friday, March 10th. Citigroup Inc reiterated a “buy” rating and issued a GBX 935 ($11.77) target price on shares of Rolls-Royce Holding PLC in a research note on Tuesday, February 7th. Finally, Barclays PLC reiterated an “underweight” rating and issued a GBX 480 ($6.04) target price on shares of Rolls-Royce Holding PLC in a research note on Monday, March 20th.

Rolls-Royce Holding PLC (LON:RR) traded up 0.50% on Friday, reaching GBX 805.00. 17,937,407 shares of the company’s stock were exchanged. The company’s market cap is GBX 14.80 billion. Rolls-Royce Holding PLC has a 12-month low of GBX 588.00 and a 12-month high of GBX 875.50. The firm has a 50 day moving average of GBX 775.51 and a 200-day moving average of GBX 721.93.

The business also recently announced a dividend, which will be paid on Wednesday, July 5th. Investors of record on Thursday, April 27th will be given a dividend of GBX 7.10 ($0.09) per share. This represents a yield of 0.95%. The ex-dividend date of this dividend is Thursday, April 27th.

In other Rolls-Royce Holding PLC news, insider Kevin Smith purchased 377 shares of the stock in a transaction on Tuesday, February 7th. The shares were purchased at an average price of GBX 701 ($8.82) per share, with a total value of £2,642.77 ($3,326.33). Also, insider Ruth Cairnie purchased 255 shares of the stock in a transaction on Tuesday, March 7th. The stock was acquired at an average cost of GBX 760 ($9.57) per share, for a total transaction of £1,938 ($2,439.27). Insiders have purchased 967 shares of company stock worth $722,057 in the last ninety days.

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