Rolls-Royce Holding PLC (LON:RR) has received an average rating of “Hold” from the eleven brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 955.44 ($12.33).

Several research firms recently commented on RR. UBS Group reaffirmed a “buy” rating and issued a GBX 1,130 ($14.58) price target (up previously from GBX 1,090 ($14.06)) on shares of Rolls-Royce in a report on Monday, July 9th. Citigroup reaffirmed a “buy” rating on shares of Rolls-Royce in a report on Thursday, June 21st. Goldman Sachs Group reaffirmed a “buy” rating and issued a GBX 1,279 ($16.50) price target on shares of Rolls-Royce in a report on Monday, June 18th. Morgan Stanley cut their price target on Rolls-Royce from GBX 920 ($11.87) to GBX 900 ($11.61) and set an “equal weight” rating for the company in a report on Friday, June 8th. Finally, Kepler Capital Markets raised Rolls-Royce to a “hold” rating and increased their price target for the company from GBX 815 ($10.51) to GBX 975 ($12.58) in a report on Monday, June 25th.

Shares of Rolls-Royce stock traded down GBX 9.50 ($0.12) during mid-day trading on Tuesday, reaching GBX 1,000 ($12.90). 2,640,289 shares of the stock traded hands, compared to its average volume of 4,570,000. Rolls-Royce has a fifty-two week low of GBX 733.50 ($9.46) and a fifty-two week high of GBX 994.50 ($12.83).

The business also recently declared a dividend, which will be paid on Thursday, January 3rd. Investors of record on Thursday, October 25th will be issued a GBX 4.60 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, October 25th. This represents a dividend yield of 0.45%.

In other Rolls-Royce news, insider Ian Davis bought 236 shares of the business’s stock in a transaction on Thursday, June 7th. The stock was bought at an average price of GBX 840 ($10.84) per share, with a total value of £1,982.40 ($2,557.28). Also, insider Ruth Cairnie bought 196 shares of the business’s stock in a transaction on Monday, July 9th. The shares were acquired at an average cost of GBX 991 ($12.78) per share, with a total value of £1,942.36 ($2,505.62). In the last ninety days, insiders purchased 8,572 shares of company stock valued at $9,281,266.

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's Civil Aerospace segment provides aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as aftermarket services.

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Analyst Recommendations for Rolls-Royce (LON:RR)

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