Rolls-Royce Holding PLC 29.6% 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 500 GBX on its stock. This now indicates the analyst believes there is a potential downside of -29.6% from today’s opening price of 710 GBX. Over the last 30 and 90 trading days the company share price has decreased 65.4 points and decreased 159.4 points respectively. The 1 year high share price is 1003.5 GBX while the year low share price is currently 694.8 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 775.75 GBX and the 200 Day Moving Average price is recorded at 869.58. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 6,021,012. Market capitalisation for LON:RR is £13,501,517,275 GBP.

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