Rolls-Royce Holdings plc (LON:RR) Receives GBX 553 Average Price Target from Brokerages

Rolls-Royce Holdings plc (LON:RR) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 553 ($6.90).

Several analysts have recently commented on RR shares. Shore Capital reaffirmed a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 655 ($8.17) price target on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 570 ($7.11) on Friday. The stock’s 50 day moving average is GBX 564.17 and its 200 day moving average is GBX 517.30. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.45) and a one year high of GBX 537.20 ($6.70). The firm has a market cap of £48.45 billion, a P/E ratio of 2,035.71, a P/E/G ratio of 0.55 and a beta of 1.82.

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.