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

Shares of Rolls-Royce Holdings plc (LON:RR) have received an average rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 529 ($7.08).

A number of research firms recently issued reports on RR. JPMorgan Chase & Co. increased their target price on Rolls-Royce Holdings plc from GBX 475 ($6.36) to GBX 535 ($7.16) and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. Jefferies Financial Group reissued a “buy” rating and set a GBX 640 ($8.57) price objective on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Bank of America reaffirmed a “buy” rating and issued a GBX 675 ($9.04) price objective on shares of Rolls-Royce Holdings plc in a research report on Monday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 555 ($7.43) target price on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd.

Insider Activity

In other Rolls-Royce Holdings plc news, insider Wendy Mars acquired 10,076 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was acquired at an average cost of GBX 496 ($6.64) per share, for a total transaction of £49,976.96 ($66,921.48). In related news, insider Wendy Mars acquired 10,076 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was acquired at an average price of GBX 496 ($6.64) per share, with a total value of £49,976.96 ($66,921.48). Also, insider Birgit Behrendt bought 241 shares of the firm’s stock in a transaction on Monday, July 8th. The shares were bought at an average cost of GBX 455 ($6.09) per share, for a total transaction of £1,096.55 ($1,468.33). In the last three months, insiders purchased 10,349 shares of company stock worth $5,122,391. 0.04% of the stock is currently owned by company insiders.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 526.80 ($7.05) on Friday. The firm has a market cap of £44.78 billion, a price-to-earnings ratio of 1,881.43, a P/E/G ratio of 0.51 and a beta of 1.82. The stock’s 50-day moving average is GBX 481.93 and its 200-day moving average is GBX 449.47.

Rolls-Royce Holdings plc Company Profile

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.