Home » Reports » Broker Ratings » Rolls-Royce Holding PLC 83.7% Potential Upside Indicated by Goldman Sachs

Rolls-Royce Holding PLC 83.7% 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’ 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 1367 GBX on its stock. This would imply the analyst believes there is now a potential upside of 83.7% from today’s opening price of 744 GBX. Over the last 30 and 90 trading days the company share price has decreased 111 points and decreased 176 points respectively. The 52 week high share price is 1093 GBX while the year low share price is currently 723.4 GBX.

Rolls-Royce Holding PLC has a 50 day moving average of 876.87 GBX and the 200 Day Moving Average price is recorded at 886.09. There are currently 1,920,005,119 shares in issue with the average daily volume traded being 4,335,261. Market capitalisation for LON:RR is £14,653,478,394 GBP.

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