RR has been the topic of several other reports. Societe Generale upgraded shares of Rolls-Royce to a hold rating and lifted their price objective for the stock from GBX 725 ($10.38) to GBX 970 ($13.89) in a research report on Thursday, March 8th. Liberum Capital reiterated a hold rating and set a GBX 670 ($9.59) price objective on shares of Rolls-Royce in a research report on Wednesday, December 13th. JPMorgan Chase reiterated a neutral rating and set a GBX 970 ($13.89) price objective on shares of Rolls-Royce in a research report on Thursday, March 8th. Citigroup reiterated a buy rating on shares of Rolls-Royce in a research report on Friday, January 12th. Finally, Deutsche Bank reiterated a hold rating and set a GBX 818 ($11.71) price objective on shares of Rolls-Royce in a research report on Wednesday, February 7th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Rolls-Royce has a consensus rating of Hold and a consensus target price of GBX 939.82 ($13.46).
Rolls-Royce stock traded down GBX 17.20 ($0.25) during mid-day trading on Monday, hitting GBX 860.60 ($12.32). The company’s stock had a trading volume of 4,177,327 shares, compared to its average volume of 4,570,000. Rolls-Royce has a twelve month low of GBX 733.50 ($10.50) and a twelve month high of GBX 994.50 ($14.24).
In other Rolls-Royce news, insider Kevin Smith acquired 319 shares of Rolls-Royce stock in a transaction that occurred on Wednesday, February 7th. The stock was acquired at an average price of GBX 829 ($11.87) per share, with a total value of £2,644.51 ($3,786.53). Also, insider Lee Hsien Yang acquired 111 shares of Rolls-Royce stock in a transaction that occurred on Monday, April 9th. The stock was acquired at an average cost of GBX 883 ($12.64) per share, with a total value of £980.13 ($1,403.39). Over the last 90 days, insiders have bought 714 shares of company stock worth $626,300.
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Rolls-Royce Company Profile
Rolls-Royce Holdings plc, an engineering company, develops, manufactures, markets, and sells power and propulsion systems in the United Kingdom and internationally. The company operates through Civil Aerospace, Defence Aerospace, Power Systems, Marine, and Nuclear segments. The Civil Aerospace segment provides commercial aero engines, such as airlines, business aviation, and helicopter engines for various sectors of the airline and corporate jet markets, as well as aftermarket services.
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