Shore Capital Reaffirms Hold Rating for Rolls-Royce Holdings plc (LON:RR)

Rolls-Royce Holdings plc (LON:RR)‘s stock had its “hold” rating reissued by equities research analysts at Shore Capital in a note issued to investors on Thursday, MarketBeat reports.

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 900 ($11.94) price objective on shares of Rolls-Royce Holdings plc in a report on Friday, March 28th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 692.50 ($9.19).

Rolls-Royce Holdings plc Stock Up 1.7 %

RR stock opened at GBX 767 ($10.18) on Thursday. The firm has a market cap of £65.78 billion, a PE ratio of 27.96, a P/E/G ratio of 0.55 and a beta of 1.82. The business has a 50 day moving average of GBX 743.24 and a 200-day moving average of GBX 634.33. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 ($2.61) and a 12-month high of GBX 537.20 ($7.13).

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings data on Thursday, February 27th. The company reported GBX 20.29 ($0.27) earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. On average, research analysts expect that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current year.

Insider Activity

In other Rolls-Royce Holdings plc news, insider Wendy Mars bought 303 shares of the stock in a transaction on Friday, February 7th. The shares were acquired at an average price of GBX 603 ($8.00) per share, with a total value of £1,827.09 ($2,423.84). Also, insider Tufan Erginbilgic sold 9,683 shares of the firm’s stock in a transaction on Monday, April 28th. The stock was sold at an average price of GBX 754 ($10.00), for a total value of £73,009.82 ($96,855.69). Insiders own 0.04% of the company’s stock.

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.