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Rolls-Royce Holding PLC 55.1% Potential Upside Indicated by Goldman Sachs

Rolls-Royce Holding PLC using EPIC/TICKER code (LON:RR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘CONVICTION BUY’ today by analysts at Goldman Sachs. Rolls-Royce Holding PLC are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 1248 GBX on its stock. This is indicating the analyst believes there is a potential upside of 55.1% from the opening price of 804.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.6 points and decreased 180.2 points respectively. The 1 year high for the share price is 1104.5 GBX while the year low stock price is currently 9.88 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 842.83 GBX and the 200 Day Moving Average price is recorded at 915.25. There are currently 1,895,708,334 shares in issue with the average daily volume traded being 7,007,579. Market capitalisation for LON:RR is £15,144,352,294 GBP.