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

Shares of Rolls-Royce Holdings plc (LON:RR) have received an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 1,690.33.

Several brokerages have recently commented on RR. Berenberg Bank raised their target price 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. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Citigroup lifted their price objective on 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. JPMorgan Chase & Co. upped their target price on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other news, insider Wendy Mars bought 151 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was bought at an average cost of GBX 1,213 per share, for a total transaction of £1,831.63. Also, insider Angela Strank purchased 2,373 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average cost of GBX 1,255 per share, with a total value of £29,781.15. Insiders have bought a total of 4,749 shares of company stock valued at $6,386,523 in the last ninety days. 0.04% of the stock is currently owned by company insiders.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 1,529.80 on Friday. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20. The company has a market capitalization of £131.20 billion, a P/E ratio of 55.77, a P/E/G ratio of 0.55 and a beta of 1.20. The stock has a fifty day moving average of GBX 1,458.98 and a 200-day moving average of GBX 1,319.79.

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 net margin of 13.11% and a return on equity of 108.91%. On average, equities research 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.