Home » Reports » Rolls-Royce Holding PLC 50.3% Potential Decrease Indicated by JP Morgan Cazenove

Rolls-Royce Holding PLC 50.3% Potential Decrease Indicated by JP Morgan Cazenove

Rolls-Royce Holding PLC with EPIC/TICKER (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 125 GBX on its stock. This would indicate that the analyst believes there is a downside of -50.3% from today’s opening price of 251.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 75.8 points and decreased 428 points respectively. The 52 week high share price is 945.6 GBX while the year low share price is currently 235.5 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 362.94 GBX and the 200 Day Moving Average price is recorded at 637.31. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 16,168,038. Market capitalisation for LON:RR is £4,897,003,437 GBP.

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