Rolls-Royce Holdings plc (LON:RR) Given New GBX 1,550 Price Target at Deutsche Bank Aktiengesellschaft

Rolls-Royce Holdings plc (LON:RR) had its price target raised by Deutsche Bank Aktiengesellschaft from GBX 1,290 to GBX 1,550 in a report published on Monday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Separately, Berenberg Bank upgraded shares of Rolls-Royce Holdings plc to a “hold” rating and lifted their target price for the stock from GBX 240 to GBX 1,080 in a report on Monday, October 20th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,244.

Rolls-Royce Holdings plc Trading Up 0.8%

Shares of Rolls-Royce Holdings plc stock opened at GBX 1,211 on Monday. The firm has a fifty day simple moving average of GBX 1,168.02 and a 200-day simple moving average of GBX 1,124.15. The stock has a market capitalization of £103.86 billion, a price-to-earnings ratio of 44.14, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

Insider Transactions at Rolls-Royce Holdings plc

In other news, insider Helen McCabe sold 1,880 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of GBX 1,232, for a total value of £23,161.60. Also, insider Wendy Mars bought 146 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Wednesday, January 7th. The shares were acquired at an average price of GBX 1,255 per share, with a total value of £1,832.30. In the last 90 days, insiders acquired 775 shares of company stock worth $897,553 and sold 19,783 shares worth $22,879,196. 0.04% of the stock is owned by insiders.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.