Rolls-Royce Holding PLC 38.8% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Rolls-Royce Holding PLC with EPIC/TICKER (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 their target price at 475 GBX on its stock. This would imply the analyst believes there is a potential downside of -38.8% from today’s opening price of 775.6 GBX. Over the last 30 and 90 trading days the company share price has increased 44 points and increased 3.6 points respectively. The 1 year high for the stock price is 1003.5 GBX while the year low share price is currently 687.8 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 768.03 GBX and the 200 Day Moving Average price is recorded at 860.86. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 6,012,434. Market capitalisation for LON:RR is £15,019,278,874 GBP.

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