Rolls-Royce Holding PLC 26.1% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

Rolls-Royce Holding PLC with EPIC/TICKER (LON:RR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today 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 their target price at 650 GBX on its stock. This is indicating the analyst believes there is a potential downside of -26.1% from today’s opening price of 880 GBX. Over the last 30 and 90 trading days the company share price has decreased 97.6 points and increased 57.6 points respectively. The 1 year high for the stock price is 1104.5 GBX while the year low stock price is currently 9.88 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 922.49 GBX and the 200 Day Moving Average price is recorded at 927.52. There are currently 1,904,497,346 shares in issue with the average daily volume traded being 5,222,296. Market capitalisation for LON:RR is £16,805,281,992 GBP.

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