Rolls-Royce Holdings plc (RR.L) – What Are Brokerages Saying About This Stock?

Rolls-Royce Holdings plc (LON:RR) has received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,690.33.

Several analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Citigroup increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a “neutral” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 1,361.40 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 firm’s 50 day simple moving average is GBX 1,483.09 and its 200-day simple moving average is GBX 1,364.71. The company has a market cap of £116.76 billion, a P/E ratio of 49.63, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20.

Rolls-Royce Holdings plc (LON:RR) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. On average, analysts expect that Rolls-Royce Holdings plc will post 8.60 EPS for the current fiscal year.

Insider Transactions at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Angela Strank acquired 1,383 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average price of GBX 1,435 per share, with a total value of £19,846.05. Also, insider Birgit Behrendt acquired 77 shares of the business’s stock in a transaction that occurred on Wednesday, October 7th. The shares were acquired at an average cost of GBX 1,427 per share, for a total transaction of £1,098.79. Insiders bought 10,624 shares of company stock valued at $15,244,934 in the last three months. Corporate 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.