Rolls-Royce Holdings plc (LON:RR) Receives GBX 1,161.50 Consensus Price Target from Analysts

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 1,161.50.

RR has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Morgan Stanley reiterated an “overweight” rating on shares of Rolls-Royce Holdings plc in a report on Friday, September 5th. Shore Capital restated a “hold” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a “buy” rating in a report on Thursday, August 7th. Finally, Berenberg Bank upgraded shares of Rolls-Royce Holdings plc to a “hold” rating and upped their target price for the company from GBX 240 to GBX 1,080 in a report on Monday.

Rolls-Royce Holdings plc Stock Up 0.7%

RR opened at GBX 1,134.50 on Monday. The business’s fifty day simple moving average is GBX 1,114.46 and its 200 day simple moving average is GBX 955.68. The firm has a market cap of £97.30 billion, a P/E ratio of 41.36, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 and a 52 week high of GBX 537.20.

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

Insider Transactions at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Wendy Mars bought 170 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were bought at an average price of GBX 1,074 per share, for a total transaction of £1,825.80. Also, insider Tufan Erginbilgic sold 6,811 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of GBX 1,190, for a total value of £81,050.90. Over the last ninety days, insiders purchased 5,863 shares of company stock valued at $6,572,462 and sold 25,125 shares valued at $26,798,542. 0.04% of the stock is currently owned by insiders.

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.