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

Shares of Rolls-Royce Holdings plc (LON:RR) have received a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 1,690.33.

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Citigroup lifted their target price on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a report on Monday, August 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Finally, Berenberg Bank increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a report on Tuesday, August 18th.

Insiders Place Their Bets

In other Rolls-Royce Holdings plc news, insider Angela Strank bought 1,712 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was acquired at an average cost of GBX 1,449 per share, with a total value of £24,806.88. Also, insider Wendy Mars purchased 123 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, September 7th. The stock was acquired at an average cost of GBX 1,490 per share, with a total value of £1,832.70. In the last 90 days, insiders have acquired 10,615 shares of company stock worth $15,243,476. Company insiders own 0.04% of the company’s stock.

Rolls-Royce Holdings plc Trading Down 2.1%

Shares of RR stock opened at GBX 1,423.80 on Tuesday. The company has a market capitalization of £122.11 billion, a P/E ratio of 51.90, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. The business’s 50 day moving average is GBX 1,471.22 and its two-hundred day moving average is GBX 1,336.58. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. As a group, equities analysts predict that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

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.