Rolls-Royce Holding PLC 76.4% Potential Upside Indicated by Goldman Sachs

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 ‘CONVICTION BUY’ this morning by analysts at Goldman Sachs. Rolls-Royce Holding PLC are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 1191 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 76.4% from today’s opening price of 675 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.8 points and decreased 55 points respectively. The 1 year high share price is 1003.5 GBX while the 52 week low is 619.74 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 691.50 GBX and the 200 Day Moving Average price is recorded at 784.28. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 5,245,828. Market capitalisation for LON:RR is £13,045,794,992 GBP.

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