According to data from Bloomberg Ratings, the eight brokerages that provide coverage for Rolls-Royce Holdings plc (LON: RR) have assigned an average ” Hold ” rating to the company’s stock.
This evaluation pertains to the price of the company’s shares. Research specialists have come up with eight different recommendations about the stock:
Four suggested purchasing the stock.
Two suggested keeping stock.
Two suggested selling the stock.
Most brokerages that provided ratings for the company in the prior year have set a price target of GBX 97.83 ($1.18) for the company’s share price over the subsequent year.
Several research analysts have begun to take notice of RR shares as a result of recent events.
Berenberg Bank reaffirmed a “hold” rating and established a price objective of GBX 100 ($1.20) on shares of Rolls-Royce Holdings plc in a research note published on Thursday, November 3.
In addition, the company explained why it decided to change the rating.
Barclays reaffirmed an “overweight” rating on shares of Rolls-Royce Holdings plc and positioned a GBX 110 ($1.32) price objective on those shares in a research note published on Monday, January 16.
In a research note released on Thursday, February 2, the investment firm Shore Capital reaffirmed its recommendation that investors “buy” shares of Rolls-Royce Holdings plc.
The Royal Bank of Canada kept its “underweight” rating on shares of Rolls-Royce Holdings plc and established a target price of GBX 70 ($0.84) for the company’s stock in a research note published on Monday, February 6. JPMorgan Chase & Co maintained its “underweight” rating on shares of Rolls-Royce Holdings plc and established a price objective of GBX 70 ($0.84) for the company in a published research note on Thursday, February 2.
RR began trading on Monday at GBX 107.48 ($1.29).
The price-to-earnings ratio for the company is 5,374, which results in a market valuation of £8.99 billion for the business.
The price of the company’s shares has had a moving average of GBX 86.89 over the past 200 days, while the price has had a moving average of GBX 99.90 over the last 50 days.
During the past year, the share price of Rolls-Royce Holdings plc has moved in a range that has taken it from a low of 64.44 British pounds ($0.77) to a high of 161.91 British pounds ($1.95).
According to reports from other sources, on December 22, a company insider named Warren East purchased 26,533 shares of company stock.
Because the average price paid for the shares was GBX 91 ($1.09), the total cost of the shares came to a total of £24,145.03 ($29,023.96).
According to a different piece of news, on December 22, a company insider named Warren East purchased 26,533 shares of company stock.
The cost of the shares came to a total of £24,145.03 ($29,023.96) because the average price paid for the shares was GBX 91 ($1.09).
This caused the cost of the shares to add up to the amount above.
Another company insider, Panos Kakoullis, made a purchase of a total of 12,786 shares of the company’s stock on Monday, November 28.
Because the shares were purchased at an average price of GBX 91 ($1.09) each, the total cost of the shares was calculated to be £11,635.26 ($13,986.37).
Rolls-Royce Holdings plc is a company that focuses on industrial technology and has operations in the UK and other countries. Rolls-Royce Holdings plc is a publicly traded company.
The company can be partitioned into the following departments: civil aerospace, power systems, defense, and new market operations.
In addition to providing services for the aftermarket, the Civil Aerospace division is in charge of designing, producing, and distributing aero engines.
Large commercial aircraft, regional jets, and business jets are all examples of aircraft that use these engines.
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