Rolls-Royce Holding PLC 46.5% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Rolls-Royce Holding PLC using EPIC/TICKER code (LON:RR) has 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 155 GBX on its stock. This would imply the analyst believes there is a potential downside of -46.5% from the opening price of 289.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 45.9 points and decreased 404 points respectively. The 1 year high for the share price is 945.6 GBX while the year low stock price is currently 249 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 400.73 GBX and a 200 Day Moving Average share price is recorded at 650.74. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 15,846,921. Market capitalisation for LON:RR is £5,408,717,112 GBP.

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