The stock of Rolls-Royce Holding PLC (LON:RR) is a huge mover today! The stock increased 2.31% or GBX 17.49 on November 10, hitting GBX 775.49. About 6.74M shares traded hands or 34.00% up from the average. Rolls-Royce Holding PLC (LON:RR) has risen 12.38% since April 13, 2016 and is uptrending. It has outperformed by 6.73% the S&P500.
The move comes after 8 months positive chart setup for the GBX 14.26B company. It was reported on Nov, 10 by Barchart.com. We have GBX 1217.52 PT which if reached, will make LON:RR worth GBX 8.13 billion more.
Rolls-Royce Holding PLC (LON:RR) Ratings Coverage
Out of 27 analysts covering Rolls-Royce Group PLC (LON:RR), 4 rate it a “Buy”, 8 “Sell”, while 15 “Hold”. This means 15% are positive. Rolls-Royce Group PLC has been the topic of 181 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock has “Sector Performer” rating given by RBC Capital Markets on Thursday, October 15. As per Wednesday, January 6, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, November 5 by Investec. The stock has “Buy” rating given by Jefferies on Tuesday, November 10. The firm earned “Buy” rating on Monday, November 16 by Jefferies. The firm has “Underperform” rating given on Friday, July 1 by Credit Suisse. On Monday, February 15 the stock rating was maintained by BNP Paribas with “Neutral”. The stock has “Underweight” rating given by JP Morgan on Tuesday, October 13. The firm has “Sell” rating by Deutsche Bank given on Tuesday, November 10. JP Morgan maintained the shares of RR in a report on Wednesday, September 23 with “Underweight” rating.
Another recent and important Rolls-Royce Holding PLC (LON:RR) news was published by Fool.Co.Uk which published an article titled: “Do today’s results make BAE Systems plc and Rolls-Royce Holding plc star buys?” on July 28, 2016.
Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions. The company has a market cap of 14.26 billion GBP. The Firm operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. It currently has negative earnings. The Company’s civil aerospace business is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services.
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