Rolls-Royce Group PLC (LON:RR) Rating Reaffirmed
This Morning, Friday, 4 December, Rolls-Royce Group PLC (LON:RR)’s Sell rating was maintained by Deutsche Bank in an interesting research report.
From a total of 25 analysts covering Rolls-Royce Group PLC (LON:RR) stock, 3 rate it a ”Buy”, 8 a “Sell”, and 14 a ”Hold”. This means that 12% of the ratings are positive. The highest target price is GBX 1100 while the lowest target price is GBX 405. The mean of all analyst targets is GBX 599.68 with a -0.43% below today’s (GBX 602.25) stock price. Rolls-Royce Group PLC was the topic of 83 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 1 with “Market Perform” rating. Kepler Cheuvreux maintained shares with “Reduce” rating and GBX 470 target share price in a report from a November 25. JP Morgan maintained RR stock in a recent report from November 25 with “Underweight” rating. Panmure Gordon maintained the rating on November 25. Panmure Gordon has a “Sell” rating and a GBX 500 price target on shares. Finally, Investec maintained the stock with “Sell” rating in a report issued on a November 25.
The stock increased 0.63% or GBX 3.75 on December 3, striking GBX 602.25. Approximately shares of stock traded hands. Rolls-Royce Holding PLC (LON:RR) has declined 41.15% since May 7, 2015 and is downtrending. It has underperformed by 40.86% the S&P500.
Rolls-Royce Holdings plc is a United Kingdom firm that designs, develops, makes and services power systems for use in the air, on land and at sea. The company has a market cap of 11.00 billion GBP. The Firm operates through two divisions: Aerospace and Land & Sea. It currently has negative earnings. The Aerospace Division produces aero engines for large civil aircraft and corporate jets and provides defense aero engines and services.