Analysts Set Rolls-Royce Holdings plc (LON:RR) Price Target at GBX 529

Rolls-Royce Holdings plc (LON:RR) has received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 529 ($7.08).

Several equities analysts recently commented on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 640 ($8.57) price target on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 555 ($7.43) target price on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd. Bank of America reaffirmed a “buy” rating and set a GBX 675 ($9.04) price target on shares of Rolls-Royce Holdings plc in a research note on Monday, September 2nd. Finally, JPMorgan Chase & Co. raised their target price on Rolls-Royce Holdings plc from GBX 475 ($6.36) to GBX 535 ($7.16) and gave the company an “overweight” rating in a research note on Tuesday, August 6th.

Rolls-Royce Holdings plc Trading Down 0.3 %

Shares of Rolls-Royce Holdings plc stock opened at GBX 525 ($7.03) on Friday. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 ($2.63) and a twelve month high of GBX 535.96 ($7.18). The stock has a market capitalization of £44.63 billion, a P/E ratio of 1,875.00, a PEG ratio of 0.54 and a beta of 1.82. The business’s fifty day moving average price is GBX 483.77 and its 200 day moving average price is GBX 451.33.

Insider Buying and Selling at Rolls-Royce Holdings plc

In related news, insider Birgit Behrendt bought 241 shares of the firm’s stock in a transaction that occurred on Monday, July 8th. The stock was purchased at an average price of GBX 455 ($6.09) per share, for a total transaction of £1,096.55 ($1,468.33). In other Rolls-Royce Holdings plc news, insider Wendy Mars acquired 10,076 shares of Rolls-Royce Holdings plc stock in a transaction dated Wednesday, August 28th. The stock was bought at an average price of GBX 496 ($6.64) per share, for a total transaction of £49,976.96 ($66,921.48). Also, insider Birgit Behrendt acquired 241 shares of the stock in a transaction dated Monday, July 8th. The stock was acquired at an average cost of GBX 455 ($6.09) per share, for a total transaction of £1,096.55 ($1,468.33). Over the last 90 days, insiders have bought 10,349 shares of company stock worth $5,122,391. 0.04% of the stock is 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.