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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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Rolls-Royce Holdings plc (RR.L) (LON:RR) Receives Consensus Recommendation of "Hold" from Brokerages

Last updated on Saturday, December 26, 2020 | 2020 MarketBeat

Rolls-Royce Holdings plc (RR.L) (LON:RR) has received an average rating of "Hold" from the twelve ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 387.27 ($5.06).

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Rolls-Royce Holdings plc (RR.L) from GBX 90 ($1.18) to GBX 80 ($1.05) and set an "underweight" rating for the company in a research report on Friday, August 28th. Berenberg Bank decreased their target price on Rolls-Royce Holdings plc (RR.L) from GBX 250 ($3.27) to GBX 140 ($1.83) and set a "buy" rating for the company in a research report on Monday, December 14th.

Shares of Rolls-Royce Holdings plc (RR.L) stock opened at GBX 113.60 ($1.48) on Friday. Rolls-Royce Holdings plc has a 1 year low of GBX 1.57 ($0.02) and a 1 year high of GBX 711 ($9.29). The firm has a market cap of £9.51 billion and a PE ratio of -0.38. The stock has a fifty day moving average price of GBX 113.60 and a 200-day moving average price of GBX 197.88.

In other Rolls-Royce Holdings plc (RR.L) news, insider Lee Hsien Yang purchased 610 shares of the company's stock in a transaction dated Wednesday, October 7th. The stock was purchased at an average price of GBX 161 ($2.10) per share, for a total transaction of £982.10 ($1,283.12). Also, insider Ian Davis purchased 2,732 shares of the company's stock in a transaction dated Monday, November 9th. The shares were acquired at an average price of GBX 72 ($0.94) per share, with a total value of £1,967.04 ($2,569.95).

Rolls-Royce Holdings plc (RR.L) Company Profile

Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates in four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment develops, manufactures, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.

Further Reading: What is a blue-chip stock?

Analyst Recommendations for Rolls-Royce Holdings plc (RR.L) (LON:RR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]


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