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Rolls-Royce Holding PLC 73% Potential Upside Indicated by Goldman Sachs

Rolls-Royce Holding PLC with EPIC/TICKER (LON:RR) has 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 a target price of 1181 GBX on its stock. This indicates the analyst now believes there is a potential upside of 73.0% from the opening price of 682.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.6 points and decreased 31.8 points respectively. The 52 week high for the share price is currently at 1003.5 GBX while the 52 week low for the stock is 657.2 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 713.80 GBX and the 200 Day Moving Average price is recorded at 806.93. There are currently 1,930,995,313 shares in issue with the average daily volume traded being 4,203,698. Market capitalisation for LON:RR is £13,099,863,767 GBP.

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