Rolls-Royce Holdings plc (LON:RR) Given Average Rating of “Hold” by Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been given an average recommendation of “Hold” by the six research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 152.20 ($1.88).

A number of research firms recently commented on RR. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Friday, July 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 235 ($2.90) price objective on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 12th.

Rolls-Royce Holdings plc Price Performance

LON RR opened at GBX 232.80 ($2.87) on Friday. The firm has a market cap of £19.60 billion, a PE ratio of 1,164.00, a price-to-earnings-growth ratio of 0.23 and a beta of 1.65. Rolls-Royce Holdings plc has a one year low of GBX 78.22 ($0.97) and a one year high of GBX 239.70 ($2.96). The stock’s 50 day simple moving average is GBX 216.28 and its 200 day simple moving average is GBX 182.68.

Insiders Place Their Bets

In related news, insider Tufan Erginbilgic purchased 14,282 shares of the business’s stock in a transaction dated Thursday, September 28th. The shares were bought at an average price of GBX 219 ($2.70) per share, with a total value of £31,277.58 ($38,609.53). In related news, insider Helen McCabe bought 5,990 shares of Rolls-Royce Holdings plc stock in a transaction dated Friday, August 25th. The stock was purchased at an average cost of GBX 202 ($2.49) per share, with a total value of £12,099.80 ($14,936.18). Also, insider Tufan Erginbilgic bought 14,282 shares of Rolls-Royce Holdings plc stock in a transaction dated Thursday, September 28th. The shares were bought at an average cost of GBX 219 ($2.70) per share, with a total value of £31,277.58 ($38,609.53). In the last quarter, insiders have bought 37,484 shares of company stock valued at $7,834,748. 0.09% of the stock is currently owned by corporate insiders.

Rolls-Royce Holdings plc Company Profile

Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.