Rolls-Royce Holdings plc (LON:RR) Earns “Hold” Rating from Shore Capital

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

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,040 ($13.80) price objective on shares of Rolls-Royce Holdings plc in a report on Monday, July 7th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 727.50 ($9.66).

Rolls-Royce Holdings plc Trading Down 0.7%

Shares of Rolls-Royce Holdings plc stock opened at GBX 1,065 ($14.14) on Thursday. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.61) and a 1 year high of GBX 537.20 ($7.13). The company’s fifty day simple moving average is GBX 931.85 and its 200-day simple moving average is GBX 785.45. The company has a market cap of £91.34 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR) last released its earnings results on Thursday, July 31st. The company reported GBX 15.74 ($0.21) earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. As a group, research analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Angela Strank acquired 2,837 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average price of GBX 874 ($11.60) per share, with a total value of £24,795.38 ($32,911.31). Also, insider Wendy Mars acquired 209 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was purchased at an average price of GBX 875 ($11.61) per share, with a total value of £1,828.75 ($2,427.33). In the last three months, insiders acquired 3,189 shares of company stock valued at $2,787,555 and sold 27,122 shares valued at $25,316,993. Company insiders own 0.04% of the company’s stock.

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.