Brokerages Set Rolls-Royce Holdings plc (LON:RR) PT at GBX 1,244

Rolls-Royce Holdings plc (LON:RR) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 1,244.

RR has been the subject of a number of research reports. Berenberg Bank raised shares of Rolls-Royce Holdings plc to a “hold” rating and upped their target price for the stock from GBX 240 to GBX 1,080 in a report on Monday, October 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a research note on Monday.

Rolls-Royce Holdings plc Stock Performance

Shares of RR opened at GBX 1,235.50 on Monday. The stock has a 50 day moving average price of GBX 1,175.86 and a 200 day moving average price of GBX 1,126.47. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20. The stock has a market capitalization of £105.96 billion, a price-to-earnings ratio of 45.04, a PEG ratio of 0.55 and a beta of 1.82.

Insider Buying and Selling

In related news, insider Tufan Erginbilgic sold 4,862 shares of the stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of GBX 1,232, for a total value of £59,899.84. Also, insider Wendy Mars acquired 146 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Wednesday, January 7th. The shares were bought at an average price of GBX 1,255 per share, for a total transaction of £1,832.30. Over the last ninety days, insiders have acquired 775 shares of company stock valued at $897,553 and have sold 19,783 shares valued at $22,879,196. Corporate 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. 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.