Home » Reports » Rolls-Royce Holding PLC 32.8% Potential Decrease Indicated by JP Morgan Cazenove

Rolls-Royce Holding PLC 32.8% Potential Decrease Indicated by JP Morgan Cazenove

Rolls-Royce Holding PLC using EPIC/TICKER code (LON:RR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today 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 250 GBX on its stock. This would imply the analyst believes there is a potential downside of -32.8% from today’s opening price of 372.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 310.9 points and decreased 329.3 points respectively. The 1 year high share price is 945.6 GBX while the year low share price is currently 312.6 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 648.38 GBX and a 200 day moving average of 749.78. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 11,055,646. Market capitalisation for LON:RR is £6,561,520,774 GBP.

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