Analysts Set Rolls-Royce Holdings plc (LON:RR) Price Target at GBX 553

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 553 ($7.01).

A number of analysts have commented on RR shares. Bank of America restated a “buy” rating and set a GBX 675 ($8.56) price target on shares of Rolls-Royce Holdings plc in a research note on Monday, September 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 555 ($7.04) price target on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 655 ($8.30) target price on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 640 ($8.11) price target on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th.

Insider Buying and Selling

In other news, insider Wendy Mars bought 10,076 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Wednesday, August 28th. The shares were acquired at an average price of GBX 496 ($6.29) per share, with a total value of £49,976.96 ($63,350.18). Insiders acquired a total of 10,135 shares of company stock worth $5,027,721 over the last ninety days. 0.04% of the stock is owned by corporate insiders.

Rolls-Royce Holdings plc Price Performance

Shares of Rolls-Royce Holdings plc stock opened at GBX 539.20 ($6.83) on Friday. The firm has a market capitalization of £45.83 billion, a price-to-earnings ratio of 1,924.29, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.49) and a one year high of GBX 537.20 ($6.81). The business has a 50-day simple moving average of GBX 534.11 and a 200 day simple moving average of GBX 484.82.

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.