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Rolls-Royce Holding PLC 38.6% Potential Decrease Indicated by Deutsche Bank

Rolls-Royce Holding PLC using EPIC/TICKER code (LON:RR) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘SELL’ this morning by analysts at Deutsche Bank. Rolls-Royce Holding PLC are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 570 GBX on its stock. This is indicating the analyst believes there is a potential downside of -38.6% from today’s opening price of 929 GBX. Over the last 30 and 90 trading days the company share price has increased 33 points and increased 96.5 points respectively. The 1 year high stock price is 944 GBX while the 52 week low for the share price is 635 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 899.02 GBX and the 200 Day Moving Average price is recorded at 778.06. There are currently 1,840,140,389 shares in issue with the average daily volume traded being 4,803,597. Market capitalisation for LON:RR is £16,938,492,281 GBP.

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