Jefferies Financial Group Reiterates Neutral Rating for Rolls-Royce Holdings plc (LON:RR)

Jefferies Financial Group reaffirmed their neutral rating on shares of Rolls-Royce Holdings plc (LON:RR) in a research report released on Monday, Marketbeat.com reports. The brokerage currently has a GBX 530 ($6.55) price target on the stock.

Several other research analysts have also recently weighed in on the company. Shore Capital reaffirmed a buy rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, February 22nd. JPMorgan Chase & Co. upped their price target on Rolls-Royce Holdings plc from GBX 400 ($4.94) to GBX 475 ($5.87) and gave the stock an overweight rating in a research report on Monday, February 26th. Finally, Berenberg Bank reiterated a sell rating and issued a GBX 240 ($2.96) price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Hold and an average price target of GBX 342.20 ($4.23).

Rolls-Royce Holdings plc Trading Up 2.7 %

RR opened at GBX 406.30 ($5.02) on Monday. The stock has a market capitalization of £34.01 billion, a P/E ratio of 1,363.79, a P/E/G ratio of 0.26 and a beta of 1.75. Rolls-Royce Holdings plc has a 12 month low of GBX 142.48 ($1.76) and a 12 month high of GBX 435 ($5.37). The firm’s fifty day simple moving average is GBX 384.55 and its 200 day simple moving average is GBX 307.61.

Insiders Place Their Bets

In related news, insider Wendy Mars purchased 478 shares of the stock in a transaction on Thursday, March 7th. The shares were purchased at an average price of GBX 381 ($4.71) per share, with a total value of £1,821.18 ($2,249.48). In related news, insider Wendy Mars purchased 478 shares of the stock in a transaction on Thursday, March 7th. The shares were purchased at an average price of GBX 381 ($4.71) per share, with a total value of £1,821.18 ($2,249.48). Also, insider Helen McCabe purchased 3,942 shares of the stock in a transaction on Friday, January 26th. The shares were bought at an average cost of GBX 307 ($3.79) per share, for a total transaction of £12,101.94 ($14,948.05). Insiders have purchased 10,063 shares of company stock valued at $3,378,648 in the last 90 days. 0.07% of the stock is currently owned by insiders.

About Rolls-Royce Holdings plc

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through 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.