Rolls-Royce Holdings plc (LON:RR) Receives Average Rating of “Moderate Buy” from Brokerages

Rolls-Royce Holdings plc (LON:RR) has been assigned an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 529 ($6.87).

A number of research analysts have recently commented on RR shares. Bank of America restated a “buy” rating and issued a GBX 675 ($8.76) target price on shares of Rolls-Royce Holdings plc in a research note on Monday, September 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 555 ($7.21) target price on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 640 ($8.31) price objective on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. raised their price objective on Rolls-Royce Holdings plc from GBX 475 ($6.17) to GBX 535 ($6.95) and gave the company an “overweight” rating in a research report on Tuesday, August 6th.

Rolls-Royce Holdings plc Stock Up 0.3 %

RR opened at GBX 556.20 ($7.22) on Tuesday. The stock has a market cap of £47.28 billion, a PE ratio of 1,986.43, a PEG ratio of 0.55 and a beta of 1.82. The business has a 50 day moving average of GBX 514.81 and a 200-day moving average of GBX 468.83. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 ($2.55) and a 52 week high of GBX 537.20 ($6.97).

Insider Activity at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Wendy Mars bought 10,076 shares of Rolls-Royce Holdings plc stock in a transaction on Wednesday, August 28th. The stock was acquired at an average price of GBX 496 ($6.44) per share, with a total value of £49,976.96 ($64,888.29). 0.04% of the stock is owned by corporate 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.