Rolls-Royce Holding PLC 21.3% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Rolls-Royce Holding PLC using EPIC/TICKER code (LON:RR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Rolls-Royce Holding PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 600 GBX on its stock. This would imply the analyst believes there is a potential downside of -21.3% from today’s opening price of 762.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 90.4 points and decreased 144.4 points respectively. The 1 year high share price is 1098.5 GBX while the 52 week low is 726.6 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 880.29 GBX and a 200 Day Moving Average share price is recorded at 886.92. There are currently 1,920,005,119 shares in issue with the average daily volume traded being 4,287,595. Market capitalisation for LON:RR is £14,031,388,997 GBP.

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