Rolls-Royce Holdings plc (LON:RR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been given a consensus rating of “Moderate Buy” by the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 1,447.20.

RR has been the topic of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,530 price target on shares of Rolls-Royce Holdings plc in a research note on Thursday, April 30th. JPMorgan Chase & Co. raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the stock an “overweight” rating in a report on Monday. Finally, Berenberg Bank lifted their target price on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the company a “buy” rating in a research report on Friday, June 12th.

Rolls-Royce Holdings plc Trading Up 1.1%

Shares of LON RR opened at GBX 1,461 on Thursday. The business has a fifty day simple moving average of GBX 1,265.42 and a 200 day simple moving average of GBX 1,243.57. The firm has a market capitalization of £125.30 billion, a price-to-earnings ratio of 53.26, a PEG ratio of 0.55 and a beta of 1.22. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20.

Insider Transactions at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt purchased 91 shares of the business’s stock in a transaction on Monday, June 8th. The stock was purchased at an average price of GBX 1,213 per share, for a total transaction of £1,103.83. Also, insider Tufan Erginbilgic sold 3,855 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of GBX 1,137, for a total value of £43,831.35. Over the last three months, insiders have acquired 2,627 shares of company stock valued at $3,286,709 and have sold 10,220 shares valued at $12,429,390. 0.04% of the stock is currently owned by company 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. 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.