Rolls-Royce Holdings plc (LON:RR) Receives Consensus Recommendation of “Hold” from Analysts

Rolls-Royce Holdings plc (LON:RRGet Free Report) has been assigned an average rating of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 342.20 ($4.36).

RR has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price target on shares of Rolls-Royce Holdings plc from GBX 400 ($5.09) to GBX 475 ($6.05) and gave the company an “overweight” rating in a report on Monday, February 26th. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 23rd. Jefferies Financial Group reissued a “neutral” rating and issued a GBX 530 ($6.75) price target on shares of Rolls-Royce Holdings plc in a report on Monday, April 22nd. Finally, Berenberg Bank reaffirmed a “sell” rating and issued a GBX 240 ($3.06) price objective on shares of Rolls-Royce Holdings plc in a research report on Thursday, February 22nd.

Read Our Latest Stock Report on RR

Insider Buying and Selling

In other Rolls-Royce Holdings plc news, insider Helen McCabe acquired 2,838 shares of the business’s stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of GBX 445 ($5.67) per share, with a total value of £12,629.10 ($16,081.88). In other Rolls-Royce Holdings plc news, insider Tufan Erginbilgic purchased 8,049 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The stock was bought at an average cost of GBX 406 ($5.17) per share, for a total transaction of £32,678.94 ($41,613.32). Also, insider Helen McCabe purchased 2,838 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average price of GBX 445 ($5.67) per share, with a total value of £12,629.10 ($16,081.88). 0.04% of the stock is currently owned by insiders.

Rolls-Royce Holdings plc Trading Up 1.8 %

Shares of RR opened at GBX 465 ($5.92) on Tuesday. The company has a market capitalization of £39.15 billion, a PE ratio of 1,603.45, a price-to-earnings-growth ratio of 0.52 and a beta of 1.77. The business’s 50 day simple moving average is GBX 424.76 and its 200-day simple moving average is GBX 360.80.

About Rolls-Royce Holdings plc

(Get Free Report

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.

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Analyst Recommendations for Rolls-Royce Holdings plc (LON:RR)

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