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

Shares of Rolls-Royce Holdings plc (LON:RR) have received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 553 ($6.86).

Several research firms have recently issued reports on RR. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 655 ($8.12) price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th.

Insiders Place Their Bets

In other Rolls-Royce Holdings plc news, insider Tufan Erginbilgic sold 12,969 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of GBX 588 ($7.29), for a total value of £76,257.72 ($94,553.90). 0.04% of the stock is currently owned by insiders.

Rolls-Royce Holdings plc Price Performance

Shares of RR stock opened at GBX 606 ($7.51) on Thursday. The stock’s fifty day moving average price is GBX 577.24 and its 200 day moving average price is GBX 533.07. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 ($2.44) and a 1-year high of GBX 537.20 ($6.66). The company has a market cap of £51.51 billion, a price-to-earnings ratio of 2,164.29, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

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.