Rolls-Royce Holdings plc (LON:RR) Receives GBX 1,244 Consensus Price Target from Brokerages

Rolls-Royce Holdings plc (LON:RR) has been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,244.

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a report on Monday, February 2nd.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 1,333.50 on Friday. The stock has a fifty day moving average of GBX 1,242.22 and a 200-day moving average of GBX 1,156.82. The company has a market capitalization of £114.37 billion, a P/E ratio of 48.61, a P/E/G ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX 29.55 EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. On average, equities research analysts predict that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Wendy Mars bought 167 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, December 8th. The shares were bought at an average cost of GBX 1,096 per share, with a total value of £1,830.32. Also, insider Helen McCabe sold 1,927 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of GBX 1,164, for a total value of £22,430.28. Over the last 90 days, insiders have purchased 2,922 shares of company stock worth $3,895,082 and have sold 13,655 shares worth $16,352,876. 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. 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.